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Zions Bancorp NA (Zions Bancorp NA) PB Ratio : 1.19 (As of Apr. 25, 2024)


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What is Zions Bancorp NA PB Ratio?

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 (2024-04-25), Zions Bancorp NA's share price is $42.17. Zions Bancorp NA's Book Value per Share for the quarter that ended in Dec. 2023 was $35.44. Hence, Zions Bancorp NA's PB Ratio of today is 1.19.

The historical rank and industry rank for Zions Bancorp NA's PB Ratio or its related term are showing as below:

ZION' s PB Ratio Range Over the Past 10 Years
Min: 0.59   Med: 1.12   Max: 1.95
Current: 1.19

During the past 13 years, Zions Bancorp NA's highest PB Ratio was 1.95. The lowest was 0.59. And the median was 1.12.

ZION's PB Ratio is ranked worse than
74.02% of 1459 companies
in the Banks industry
Industry Median: 0.85 vs ZION: 1.19

During the past 12 months, Zions Bancorp NA's average Book Value Per Share Growth Rate was 18.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -7.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -3.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 2.20% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Zions Bancorp NA was 35.90% per year. The lowest was -18.90% per year. And the median was 7.75% per year.

Back to Basics: PB Ratio


Zions Bancorp NA PB Ratio Historical Data

The historical data trend for Zions Bancorp NA'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.

* Premium members only.

Zions Bancorp NA PB Ratio Chart

Zions Bancorp NA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.26 0.97 1.36 1.64 1.24

Zions Bancorp NA Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.64 0.93 0.82 1.06 1.24

Competitive Comparison of Zions Bancorp NA's PB Ratio

For the Banks - Regional subindustry, Zions Bancorp NA'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.


Zions Bancorp NA's PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Zions Bancorp NA's PB Ratio distribution charts can be found below:

* The bar in red indicates where Zions Bancorp NA's PB Ratio falls into.



Zions Bancorp NA 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.

Zions Bancorp NA's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=42.17/35.443
=1.19

* 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.


Zions Bancorp NA  (NAS:ZION) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

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.


Zions Bancorp NA PB Ratio Related Terms

Thank you for viewing the detailed overview of Zions Bancorp NA's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Zions Bancorp NA (Zions Bancorp NA) Business Description

Address
One South Main Street, Salt Lake City, UT, USA, 84133-1109
Zions Bancorporation is a regional U.S. bank with core operations that span 11 states. The bank is headquartered in Salt Lake City and does business primarily in the Western and Southwestern United States. Zions primarily focuses on providing banking services to small and midsize businesses, with the majority of its loans focused on commercial and commercial real estate lending.
Executives
Keith D Maio officer: President of subsidiary bank ONE SOUTH MAIN, SUITE 1134, SALT LAKE CITY UT 84111
Steven Dan Stephens officer: Executive Vice President ONE SOUTH MAIN STREET, 15TH FLOOR, SALT LAKE CITY UT 84133-1109
Scott J Mclean officer: Executive Vice President 4400 POST OAK PARKWAY, 4TH FL, HOUSTON TX 77027
A Scott Anderson officer: Executive Vice President ONE SOUTH MAIN, SUITE 1134, SALT LAKE CITY UT 84111
Randy R Stewart officer: Exec VP 1 S MAIN STREET, 11TH FLOOR, SALT LAKE CITY UT 84133
Bruce K Alexander officer: Exec VP and, Pres. of Subsidiary ONE SOUTH MAIN, SUITE 1134, SALT LAKE CITY UT 84111
Alan M Forney officer: Exec VP & Pres. Of Subsidiary ONE S MAIN STREET, 11TH FL, SALT LAKE CITY UT 84133
Mark Richard Young officer: Exec VP, other: Pres. of Subidiary ONE SOUTH MAIN STREET, 15TH FLOOR, SALT LAKE CITY UT 84133-1109
Thomas E Laursen officer: Sr. Vice President &, General Counsel ONE SOUTH MAIN, SUITE 1134, SALT LAKE CITY UT 84111
Derek Steward officer: Executive Vice President 1 S MAIN ST, 11TH FL, SALT LAKE CITY UT 84133-1109
Shannon R. Drage officer: Senior Vice President 1 S MAIN STREET, 11TH FL, SALT LAKE CITY UT 84133-1109
Rebecca K Robinson officer: Executive Vice President ONE SOUTH MAIN STREET, 15TH FLOOR, SALT LAKE CITY X1 84133
Claire A Huang director 1 S MAIN STREET, 11TH FL, SALT LAKE CITY UT 84133
Harris H Simmons director, officer: Chairman, President, & CEO ZIONS BANCORPORATION, ONE MAIN STREET, SUITE 1134, SALT LAKE CITY UT 84111
Paul E. Burdiss officer: Executive Vice President, other: & Chief Financial Officer ONE SOUTH MAIN STREET, 15TH FLOOR, SALT LAKE CITY UT 84133