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Bank of New York Mellon Corp  (NYSE:BK) Price-to-Tangible-Book: 3.36 (As of Today)

As of today, Bank of New York Mellon Corp's share price is $52.43. Bank of New York Mellon Corp's Tangible Book per Share of Sep. 2017 for the quarter that ended in Sep. 2017 was $15.60. Hence, Bank of New York Mellon Corp's Price to Tangible Book Ratio of today is 3.36.

NYSE:BK' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.49   Max: 11.2
Current: 3.36

0.49
11.2

During the past 13 years, Bank of New York Mellon Corp's highest Price to Tangible Book Ratio was 11.20. The lowest was 0.49. And the median was 3.41.

NYSE:BK's Price-to-Tangible-Book is ranked lower than
88% of the 1490 Companies
in the Global industry.

( Industry Median: 0.99 vs. NYSE:BK: 3.36 )

A closely related ratio is called PB Ratio. As of today, Bank of New York Mellon Corp's share price is $52.43. Bank of New York Mellon Corp's Book Value per Sharefor the quarter that ended in Sep. 2017 was $36.11. Hence, Bank of New York Mellon Corp's P/B Ratio of today is 1.45.


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Bank of New York Mellon Corp Annual Data

Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Price-to-Tangible-Book Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.40 2.98 3.27 3.19 3.46

Bank of New York Mellon Corp Quarterly Data

Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
Price-to-Tangible-Book 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 Premium Member Only Premium Member Only Premium Member Only 2.80 3.46 3.34 3.41 3.40

Competitive Comparison
* 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.


Calculation

Bank of New York Mellon Corp's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Sep. 2017 )
=52.43/15.602
=3.36

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

It can also be calculated from the numbers for the whole company:

Price to Tangible Book=Market Cap (M)/Tangible Equity
=Market Cap (M)/(Total Equity-Preferred Stock-Intangible Assets)

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.


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