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Camden National (Camden National) Price-to-Tangible-Book : 1.11 (As of Apr. 28, 2024)


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What is Camden National Price-to-Tangible-Book?

As of today (2024-04-28), Camden National's share price is $30.50. Camden National's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $27.42. Hence, Camden National's Price to Tangible Book Ratio of today is 1.11.

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

CAC' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.11   Med: 1.69   Max: 2.37
Current: 1.11

During the past 13 years, Camden National's highest Price to Tangible Book Ratio was 2.37. The lowest was 1.11. And the median was 1.69.

CAC's Price-to-Tangible-Book is ranked worse than
62.47% of 1439 companies
in the Banks industry
Industry Median: 0.93 vs CAC: 1.11

A closely related ratio is called PB Ratio. As of today, Camden National's share price is $30.50. Camden National's Book Value per Sharefor the quarter that ended in Dec. 2023 was $33.99. Hence, Camden National's P/B Ratio of today is 0.90.


Camden National Price-to-Tangible-Book Historical Data

The historical data trend for Camden National'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.

Camden National Price-to-Tangible-Book Chart

Camden National 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 1.86 1.24 1.60 1.71 1.37

Camden National 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 1.71 1.43 1.21 1.12 1.37

Competitive Comparison of Camden National's Price-to-Tangible-Book

For the Banks - Regional subindustry, Camden National'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.


Camden National's Price-to-Tangible-Book Distribution in the Banks Industry

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

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



Camden National Price-to-Tangible-Book Calculation

Camden National's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=30.50/27.42
=1.11

* 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.


Camden National Price-to-Tangible-Book Related Terms

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


Camden National (Camden National) Business Description

Traded in Other Exchanges
Address
2 Elm Street, Camden, ME, USA, 04843
Camden National Corporation is a banking solutions provider in the United States. Its core business is providing commercial banking products to individuals and corporates. Its consumer and commercial banking services entail services such as loans and deposits, savings and online banking, treasury management solutions and non-profit products to consumer, institutional, municipal, non-profit and commercial customers. The company also offers investment management and fiduciary services. In addition, it offers various other services which include lending to dentists, optometrists and veterinarians across the United States.
Executives
David Ackley officer: EVP 2 ELM STREET, P.O. BOX 310, CAMDEN ME 04843
David C Flanagan director 2 ELM STREET, PO BOX 310, CAMDEN ME 04843
Robert D Merrill director 2 ELM STREET, P.O. BOX 310, CAMDEN ME 04843
Rebecca Hatfield director 2 ELM STREET, P.O. BOX 310, CAMDEN ME 04843
Renee Smyth officer: EVP 2 ELM STREET, PO BOX 310, CAMDEN ME 04843
Carl John Soderberg director 2 ELM STREET, POB 310, CAMDEN ME 04843
Craig N Denekas director 2 ELM STREET, P.O. BOX 310, CAMDEN ME 04843
Marie J Mccarthy director 2 ELM STREET, P.O. BOX 310, CAMDEN ME 04843
Lawrence J Sterrs director 2 ELM ST, POB 310, CAMDEN ME 04843
Gregory A Dufour director, officer: CEO
Michael R Archer officer: EVP 2 ELM STREET, P.O. BOX 310, CAMDEN ME 04843
Patricia A Rose officer: EVP 2 ELM STREET, P.O. BOX 310, CAMDEN ME 04843
Ryan A Smith officer: EVP 2 ELM STREET, P.O. BOX 310, CAMDEN ME 04843
Heather D Robinson officer: EVP 2 ELM STREET, P.O. BOX 310, CAMDEN ME 04843
S. Catherine Longley director 2 ELM STREET, CAMDEN ME 04843