As of today (2024-04-24), Investar Holding's share price is $16.23. Investar Holding's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $18.92. Hence, Investar Holding's Price to Tangible Book Ratio of today is 0.86.
The historical rank and industry rank for Investar Holding's Price-to-Tangible-Book or its related term are showing as below:
ISTR'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.79 Med: 1.21 Max: 1.5
Current: 0.86
During the past 13 years, Investar Holding's highest Price to Tangible Book Ratio was 1.50. The lowest was 0.79. And the median was 1.21.
ISTR's Price-to-Tangible-Book is ranked better than 56.43% of 1439
companies
in the Banks industry
Industry Median: 0.93
vs ISTR: 0.86
A closely related ratio is called PB Ratio. As of today, Investar Holding's share price is $16.23. Investar Holding's Book Value per Sharefor the quarter that ended in Dec. 2023 was $23.26. Hence, Investar Holding's P/B Ratio of today is 0.70.
Investar Holding Price-to-Tangible-Book Historical Data
The historical data trend for Investar Holding'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.
Competitive Comparison of Investar Holding's Price-to-Tangible-Book
For the Banks - Regional subindustry, Investar Holding'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.
Investar Holding's Price-to-Tangible-Book Distribution in the Banks Industry
For the Banks industry and Financial Services sector, Investar Holding's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Investar Holding's Price-to-Tangible-Book falls into.
* 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.
Investar Holding Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Investar Holding's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Investar Holding (Investar Holding) Business Description
Investar Holding Corp is a US-based financial holding company. Through its subsidiaries, it offers a variety of commercial and retail lending products throughout its market areas, including business loans to small to medium-sized businesses, as well as loans to individuals. It has business operations spread across the United States and serves its customers through several service branches. The bank also offers cashiers' checks, direct deposit of payroll and Social Security checks, night depository, bank-by-mail, automated teller machines with deposit automation and debit cards.
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