Banca Ifis (MIL:IF) Price-to-Tangible-Book

: 0.65 (As of Today)

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As of today (2024-04-18), Banca Ifis's share price is €19.77. Banca Ifis's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was €30.55. Hence, Banca Ifis's Price to Tangible Book Ratio of today is 0.65.

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

MIL:IF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.34 Med: 0.59 Max: 2.7
Current: 0.65

During the past 13 years, Banca Ifis's highest Price to Tangible Book Ratio was 2.70. The lowest was 0.34. And the median was 0.59.

MIL:IF's Price-to-Tangible-Book is ranked better than
73.53% of 1443 companies
in the Banks industry
Industry Median: 0.91 vs MIL:IF: 0.65

A closely related ratio is called PB Ratio. As of today, Banca Ifis's share price is €19.77. Banca Ifis's Book Value per Sharefor the quarter that ended in Dec. 2023 was €32.01. Hence, Banca Ifis's P/B Ratio of today is 0.62.

Banca Ifis Price-to-Tangible-Book Historical Data

The historical data trend for Banca Ifis'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.

Banca Ifis Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

0.51

0.34

0.59

0.46

0.51

Banca Ifis 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																0.46	0.47	0.48	0.53	0.51

Competitive Comparison

For the Banks - Regional subindustry, Banca Ifis'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.

Banca Ifis Price-to-Tangible-Book Distribution

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

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

Banca Ifis Price-to-Tangible-Book Calculation

Banca Ifis's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	19.77	/	30.548
	=	0.65

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.

Banca Ifis Price-to-Tangible-Book Related Terms

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

Banca Ifis (MIL:IF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banca Ifis (MIL:IF) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

0NBX:UK 0I6:Germany

Address

Via Terraglio, 63, Mestre, Venice, ITA, 30174

Website

https://www.bancaifis.it

Banca Ifis is an independent banking group specializing in the collection of trade receivables, non-performing loans, and tax receivables. The group's credit is exposed mostly to Italy and other European nations. Its trade receivables segment focuses on growing trade finance loans and providing liquidity to Italian small and medium-sized enterprises. Approximately one-third of its loan portfolio is from government and public administration, whereas two-thirds are from the private sector. The group's earning assets are split nearly evenly between loans to customers and debt and equity securities available for sale. The group's net revenue is net interest income.

Banca Ifis (MIL:IF) Headlines

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