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Investors Bancorp (Investors Bancorp) Price-to-Tangible-Book : 1.23 (As of Apr. 25, 2024)


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

As of today (2024-04-25), Investors Bancorp's share price is $13.87. Investors Bancorp's Tangible Book per Share of Dec. 2021 for the quarter that ended in Dec. 2021 was $11.32. Hence, Investors Bancorp's Price to Tangible Book Ratio of today is 1.23.

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

ISBC' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.01   Med: 1.42   Max: 2.89
Current: 1.23

During the past 13 years, Investors Bancorp's highest Price to Tangible Book Ratio was 2.89. The lowest was 1.01. And the median was 1.42.

ISBC's Price-to-Tangible-Book is not ranked
in the Banks industry.
Industry Median: 0.93 vs ISBC: 1.23

A closely related ratio is called PB Ratio. As of today, Investors Bancorp's share price is $13.87. Investors Bancorp's Book Value per Sharefor the quarter that ended in Dec. 2021 was $11.85. Hence, Investors Bancorp's P/B Ratio of today is 1.17.


Investors Bancorp Price-to-Tangible-Book Historical Data

The historical data trend for Investors 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.

Investors Bancorp Price-to-Tangible-Book Chart

Investors Bancorp Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.40 1.02 1.17 1.01 1.34

Investors Bancorp Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
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 1.01 1.37 1.31 1.38 1.34

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

For the Banks - Regional subindustry, Investors 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.


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

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

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



Investors Bancorp Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2021 )
=13.87/11.316
=1.23

* 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.


Investors Bancorp Price-to-Tangible-Book Related Terms

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


Investors Bancorp (Investors Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
101 JFK Parkway, Short Hills, NJ, USA, 07078
Investors Bancorp Inc is the holding company for Investor Bank, a savings bank operating primarily in the greater New Jersey and New York metropolitan areas. The bank obtains funds through both deposits and the wholesale market to originate loans and invest in securities. Loans originated include commercial real estate loans, commercial and industrial loans, residential mortgage loans, construction loans, and consumer loans. The bank has traditionally grown through acquisitions and internal growth, including de novo branching. The vast majority of its loan portfolio is in commercial loans. The vast majority of its net revenue is in net interest income.
Executives
P. Sean Burke officer: EVP and CFO 101 JFK PARKWAY SHORT HILLS NJ 07078
Paul Kalamaras officer: Exec VP 101 JFK PARKWAY SHORT HILLS NJ 07078
James J. Garibaldi director 101 JFK PARKWAY SHORT HILLS NJ 07078
Richard Spengler officer: Exec VP 101 JFK PARKWAY SHORT HILLS NJ 07078
Kevin Cummings director, officer: Chairman and CEO 101 JFK PARKWAY, SHORT HILLS NJ 07078
Domenick A Cama director, officer: President and COO 101 JFK PARKWAY SHORT HILLS NJ 07078
Robert C Albanese director 2300 ROUTE 33 ROBBINSVILLE NJ 08691
Paul Stathoulopoulos director 101 JFK PARKWAY SHORT HILLS NJ 07078
William V. Cosgrove director 101 JFK PARKWAY SHORT HILLS NJ 07078
Ward James H Iii director C/O AMERICAN BANCORP OF NEW JERSEY INC 365 BROAD STREET BLOOMFIELD NJ 07003
Doreen R Byrnes director 101 JFK PARKWAY SHORT HILLS NJ 07078
Michele N Siekerka director 101 JFK PARKWAY, SHORT HILLS NJ 07078
Dennis M Bone director 2300 ROUTE 33 ROBBINSVILLE NJ 08691
Blue Harbour Group, L.p. 10 percent owner 646 STEAMBOAT RD., GREENWICH CT 06830
Blue Harbour Holdings, Llc 10 percent owner 646 STEAMBOAT ROAD, 3RD FLOOR, GREENWICH CT 06830