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Signature Bank (BSP:SBNY34) Price-to-Tangible-Book : 0.70 (As of Apr. 25, 2024)


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What is Signature Bank Price-to-Tangible-Book?

As of today (2024-04-25), Signature Bank's share price is R$234.99. Signature Bank's Tangible Book per Share of Dec. 2022 for the quarter that ended in Dec. 2022 was R$333.96. Hence, Signature Bank's Price to Tangible Book Ratio of today is 0.70.

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

BSP:SBNY34's Price-to-Tangible-Book is not ranked *
in the Banks industry.
Industry Median: 0.93
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Signature Bank's share price is R$234.99. Signature Bank's Book Value per Sharefor the quarter that ended in Dec. 2022 was R$333.96. Hence, Signature Bank's P/B Ratio of today is 0.70.


Signature Bank Price-to-Tangible-Book Historical Data

The historical data trend for Signature Bank'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.

Signature Bank Price-to-Tangible-Book Chart

Signature Bank Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 1.15 2.31 0.94

Signature Bank Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 2.31 2.25 1.48 1.38 0.94

Competitive Comparison of Signature Bank's Price-to-Tangible-Book

For the Banks - Regional subindustry, Signature Bank'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.


Signature Bank's Price-to-Tangible-Book Distribution in the Banks Industry

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

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



Signature Bank Price-to-Tangible-Book Calculation

Signature Bank's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2022 )
=234.99/333.963
=0.70

* 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.


Signature Bank Price-to-Tangible-Book Related Terms

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


Signature Bank (BSP:SBNY34) Business Description

Traded in Other Exchanges
Address
565 Fifth Avenue, New York, NY, USA, 10017
Signature Bank is a New York-based commercial bank. It is engaged in offering a wide range of business and personal banking products and services. The operating segments of the company are Commercial banking and Specialty finance. The company operates in New York and derives a majority of its revenue from the Commercial banking segment, which consists principally of commercial real estate lending, fund banking, venture banking, commercial and industrial lending, and commercial deposit gathering activities. Specialty Finance consists of financing and leasing products, including equipment, transportation, taxi medallion, commercial marine, municipal, and national franchise financing and leasing.

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