GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Credit Agricole SA (OTCPK:CRARF) » Definitions » Price-to-Tangible-Book

Credit Agricole (Credit Agricole) Price-to-Tangible-Book : 0.85 (As of Apr. 30, 2024)


View and export this data going back to . Start your Free Trial

What is Credit Agricole Price-to-Tangible-Book?

As of today (2024-04-30), Credit Agricole's share price is $15.99. Credit Agricole's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $18.73. Hence, Credit Agricole's Price to Tangible Book Ratio of today is 0.85.

The historical rank and industry rank for Credit Agricole's Price-to-Tangible-Book or its related term are showing as below:

CRARF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.62   Med: 0.76   Max: 0.99
Current: 0.88

During the past 13 years, Credit Agricole's highest Price to Tangible Book Ratio was 0.99. The lowest was 0.62. And the median was 0.76.

CRARF's Price-to-Tangible-Book is ranked better than
57.05% of 1439 companies
in the Banks industry
Industry Median: 0.93 vs CRARF: 0.88

A closely related ratio is called PB Ratio. As of today, Credit Agricole's share price is $15.99. Credit Agricole's Book Value per Sharefor the quarter that ended in Dec. 2023 was $25.59. Hence, Credit Agricole's P/B Ratio of today is 0.62.


Credit Agricole Price-to-Tangible-Book Historical Data

The historical data trend for Credit Agricole's Price-to-Tangible-Book 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.

Credit Agricole Price-to-Tangible-Book Chart

Credit Agricole Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.84 0.64 0.75 0.62 0.75

Credit Agricole Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Price-to-Tangible-Book 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 0.62 - 0.68 0.31 0.75

Competitive Comparison of Credit Agricole's Price-to-Tangible-Book

For the Banks - Regional subindustry, Credit Agricole's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.


Credit Agricole's Price-to-Tangible-Book Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Credit Agricole's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Credit Agricole's Price-to-Tangible-Book falls into.



Credit Agricole Price-to-Tangible-Book Calculation

Credit Agricole's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=15.99/18.726
=0.85

* 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 PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.


Credit Agricole Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Credit Agricole's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Credit Agricole (Credit Agricole) Business Description

Address
12 Place des Etats-Unis, Montrouge Cedex, Paris, FRA, 92127
Credit Agricole S.A. is majority-owned by a group of 39 mutually owned, regional French banks, and together, they form the Credit Agricole Group, the largest cooperative bank globally. Credit Agricole S.A. houses all of Credit Agricole Group's activities, excluding the core French retail and commercial banking operations and including corporate and investment banking, its insurance operations, its international operations, notably in Italy, LCL, a separately branded French retail bank, and Credit Agricole S.A.'s majority interest in individually listed asset manager Amundi. Credit Agricole S.A. also acts as the central bank for the group.

Credit Agricole (Credit Agricole) Headlines

From GuruFocus