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The Chiba Bank (The Chiba Bank) Price-to-Tangible-Book : 0.69 (As of Apr. 28, 2024)


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What is The Chiba Bank Price-to-Tangible-Book?

As of today (2024-04-28), The Chiba Bank's share price is $37.04. The Chiba Bank's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $53.84. Hence, The Chiba Bank's Price to Tangible Book Ratio of today is 0.69.

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

CHBAY' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.38   Med: 0.59   Max: 0.9
Current: 0.86

During the past 13 years, The Chiba Bank's highest Price to Tangible Book Ratio was 0.90. The lowest was 0.38. And the median was 0.59.

CHBAY's Price-to-Tangible-Book is ranked better than
56.29% of 1439 companies
in the Banks industry
Industry Median: 0.93 vs CHBAY: 0.86

A closely related ratio is called PB Ratio. As of today, The Chiba Bank's share price is $37.04. The Chiba Bank's Book Value per Sharefor the quarter that ended in Dec. 2023 was $54.55. Hence, The Chiba Bank's P/B Ratio of today is 0.68.


The Chiba Bank Price-to-Tangible-Book Historical Data

The historical data trend for The Chiba 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.

The Chiba Bank Price-to-Tangible-Book Chart

The Chiba Bank Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.48 0.37 0.45 0.50 0.51

The Chiba Bank 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 0.52 0.51 0.51 0.53 0.67

Competitive Comparison of The Chiba Bank's Price-to-Tangible-Book

For the Banks - Regional subindustry, The Chiba 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.


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

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

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



The Chiba Bank Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=37.04/53.84
=0.69

* 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.


The Chiba Bank Price-to-Tangible-Book Related Terms

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


The Chiba Bank (The Chiba Bank) Business Description

Traded in Other Exchanges
Address
1-2 Chiba-Minato, Chuo-ku, Chiba-shi, Chiba, JPN, 260-8720
The Chiba Bank Ltd provides banking products and services in Japan. The bank accommodates the financial needs of individual customers in addition to regional small, medium size companies. The company generates revenue by offering corporate banking, retail banking, asset management consulting, and trust and inheritance-related business. Additionally, it investigates and researches advanced financial technologies to plan and develop the future of financial services. They have focused on using databases and online/mobile banking to strengthen their marketing. The bank primarily operates in Chiba Prefecture; however, it also has branches in New York, Hong Kong, and London and representative offices in Shanghai, Singapore, and Bangkok.

The Chiba Bank (The Chiba Bank) Headlines

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