Heartland Bancorp (Heartland Bancorp) Price-to-Tangible-Book : 1.32 (As of May. 06, 2024)

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What is Heartland Bancorp Price-to-Tangible-Book?

As of today (2024-05-06), Heartland Bancorp's share price is $88.54. Heartland Bancorp's Tangible Book per Share of Jun. 2023 for the quarter that ended in Jun. 2023 was $66.95. Hence, Heartland Bancorp's Price to Tangible Book Ratio of today is 1.32.

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

HLAN' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.03 Med: 1.38 Max: 1.7
Current: 1.22

During the past 13 years, Heartland Bancorp's highest Price to Tangible Book Ratio was 1.70. The lowest was 1.03. And the median was 1.38.

HLAN's Price-to-Tangible-Book is ranked worse than
67.89% of 1439 companies
in the Banks industry
Industry Median: 0.93 vs HLAN: 1.22

A closely related ratio is called PB Ratio. As of today, Heartland Bancorp's share price is $88.54. Heartland Bancorp's Book Value per Sharefor the quarter that ended in Jun. 2023 was $75.02. Hence, Heartland Bancorp's P/B Ratio of today is 1.18.

Heartland Bancorp Price-to-Tangible-Book Historical Data

The historical data trend for Heartland Bancorp'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.

Heartland Bancorp Price-to-Tangible-Book Chart

Heartland Bancorp Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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1.53

1.33

1.48

1.21

Heartland Bancorp Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															1.44	1.48	1.34	1.24	1.21

Competitive Comparison of Heartland Bancorp's Price-to-Tangible-Book

For the Banks - Regional subindustry, Heartland Bancorp'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.

Heartland Bancorp's Price-to-Tangible-Book Distribution in the Banks Industry

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

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

Heartland Bancorp Price-to-Tangible-Book Calculation

Heartland Bancorp's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Jun. 2023 )
	=	88.54	/	66.951
	=	1.32

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

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders 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.

Heartland Bancorp Price-to-Tangible-Book Related Terms

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

Heartland Bancorp (Heartland Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Heartland Bancorp (OTCPK:HLAN) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

430 North Hamilton Road, Whitehall, OH, USA, 43213

Website

https://www.heartland.bank

Heartland Bancorp is a bank holding company whose principal activity is the ownership and management of its wholly-owned subsidiaries, Heartland Bank (the Bank) and TransCounty Title Agency, LLC. The Bank is primarily engaged in providing a full range of banking and financial services to individual and corporate customers in central Ohio and northern Kentucky. The majority of the company's revenues come from interest and dividend income on loans, investment securities, and other financial instruments.