The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-05-13), Sun Bancorp's share price is $24.50. Sun Bancorp's Book Value per Share for the quarter that ended in Sep. 2017 was $17.21. Hence, Sun Bancorp's PB Ratio of today is 1.42.
The historical rank and industry rank for Sun Bancorp's PB Ratio or its related term are showing as below:
SNBC's PB Ratio is not ranked *
in the Banks industry.
Industry Median: 0.86 * Ranked among companies with meaningful PB Ratio only.
Back to Basics: PB Ratio
Sun Bancorp PB Ratio Historical Data
The historical data trend for Sun Bancorp's PB Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Banks - Regional subindustry, Sun Bancorp's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Sun Bancorp's PB Ratio Distribution in the Banks Industry
For the Banks industry and Financial Services sector, Sun Bancorp's PB Ratio distribution charts can be found below:
* The bar in red indicates where Sun Bancorp's PB Ratio falls into.
Sun Bancorp PB Ratio Calculation
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
Sun Bancorp's PB Ratio for today is calculated as follows:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
Sun Bancorp PB Ratio Related Terms
Thank you for viewing the detailed overview of Sun Bancorp's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Sun Bancorp Inc is a holding company of its principal subsidiary, Bank of the United States. Through its subsidiary, it provides community banking services to consumers, small businesses and mid-size companies. Its deposit services include savings accounts, business checking and money market accounts, certificates of deposit, and cash management solutions such as online banking, electronic bill payment and wire transfer services, lockbox services, remote deposit and controlled disbursement services. The company also provides lending services to businesses include term loans, lines of credit and commercial mortgages. Additionally, it also provides home equity term loans, home equity lines of credit and installment loans. The majority of the company's revenue comes from interest income.
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