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PB Bankshares (PB Bankshares) Net-Net Working Capital : $-113.97 (As of Dec. 2023)


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What is PB Bankshares Net-Net Working Capital?

In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. This is a conservative way of estimating the company's value.

PB Bankshares's Net-Net Working Capital for the quarter that ended in Dec. 2023 was $-113.97.

The industry rank for PB Bankshares's Net-Net Working Capital or its related term are showing as below:

PBBK's Price-to-Net-Net-Working-Capital is not ranked *
in the Banks industry.
Industry Median: 7.365
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

PB Bankshares Net-Net Working Capital Historical Data

The historical data trend for PB Bankshares's Net-Net Working Capital 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.

PB Bankshares Net-Net Working Capital Chart

PB Bankshares Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Net-Net Working Capital
-60.17 -72.32 -81.81 -95.48 -113.97

PB Bankshares Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net-Net Working Capital 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 -95.48 -103.77 -110.12 -109.51 -113.97

Competitive Comparison of PB Bankshares's Net-Net Working Capital

For the Banks - Regional subindustry, PB Bankshares's Price-to-Net-Net-Working-Capital, along with its competitors' market caps and Price-to-Net-Net-Working-Capital 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.


PB Bankshares's Price-to-Net-Net-Working-Capital Distribution in the Banks Industry

For the Banks industry and Financial Services sector, PB Bankshares's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where PB Bankshares's Price-to-Net-Net-Working-Capital falls into.



PB Bankshares Net-Net Working Capital Calculation

PB Bankshares's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2023 is calculated as

Net-Net Working Capital(A: Dec. 2023 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(18.256+68.115+0.75 * 1.253+0.5 * 0-392.759
-0-0)/2.67997
=-113.97

PB Bankshares's Net-Net Working Capital (NNWC) per share for the quarter that ended in Dec. 2023 is calculated as

Net-Net Working Capital(Q: Dec. 2023 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(18.256+68.115+0.75 * 1.253+0.5 * 0-392.759
-0-0)/2.67997
=-113.97

* 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.

In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full.

In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.

This is a conservative way of estimating the company's value.


PB Bankshares  (NAS:PBBK) Net-Net Working Capital Explanation

One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

Benjamin Graham looked for companies whose market values were less than two-thirds of their net-net value. They are collected under our Net-Net screener.


PB Bankshares Net-Net Working Capital Related Terms

Thank you for viewing the detailed overview of PB Bankshares's Net-Net Working Capital provided by GuruFocus.com. Please click on the following links to see related term pages.


PB Bankshares (PB Bankshares) Business Description

Traded in Other Exchanges
N/A
Address
185 East Lincoln Highway, Coatesville, PA, USA, 19320
PB Bankshares Inc follows a community bank model and provides multiple services to individuals and small to midsize businesses. Its business consists of attracting retail and commercial deposits from the general public in its market area and investing those deposits, together with funds generated from operations and borrowings, in commercial real estate loans, commercial and industrial loans, construction, home equity lines of credit and to a lesser extent, one- to four-family residential real estate loans and consumer loans.
Executives
Janak M Amin director, officer: President and CEO 4981 SADDLE BROOK DRIVE, HARRISBURG PA 17112
William H Sayre officer: EVP, Chief Credit/Risk Officer 185 E. LINCOLN HIGHWAY, COATESVILLE PA 19320
Lindsay S Bixler officer: Chief Financial Officer 185 EAST LINCOLN HIGHWAY, COATESVILLE PA 19320
Joseph W Carroll director 185 E. LINCOLN HIGHWAY, COATESVILLE PA 19320
Douglas L Byers officer: Chief Banking Officer 185 EAST LINCOLN HIGHWAY, COATESVILLE PA 19320
Larry Witt officer: Chief Info. & Oper. Officer 185 E. LINCOLN HIGHWAY, COATESVILLE PA 19320
Bony Dawood director 185 E. LINCOLN HIGHWAY, COATESVILLE PA 19320
R Cheston Woolard director 185 EAST LINCOLN HIGHWAY, COATESVILLE PA 19320
Jane B Tompkins director 20 SOUTH MAIN STREET, CHAMBERSBURG PA 17201
Spencer J Andress director 185 E. LINCOLN HIGHWAY, COATESVILLE PA 19320
Pinno John V Iii director 185 E. LINCOLN HIGHWAY, COATESVILLE PA 19320
Thomas R Greenfield director 185 E. LINCOLN HIGHWAY, COATESVILLE PA 19320
Larry J Constable director 185 E. LINCOLN HIGHWAY, COATESVILLE PA 19320
Mary Joye Wentz director 185 E. LINCOLN HIGHWAY, COATESVILLE PA 19320

PB Bankshares (PB Bankshares) Headlines

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