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Kearny Financial (Kearny Financial) Price-to-Tangible-Book

: 0.56 (As of Today)
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As of today (2024-04-18), Kearny Financial's share price is $5.54. Kearny Financial's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $9.85. Hence, Kearny Financial's Price to Tangible Book Ratio of today is 0.56.

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

KRNY' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.56   Med: 1.19   Max: 2.7
Current: 0.56

During the past 13 years, Kearny Financial's highest Price to Tangible Book Ratio was 2.70. The lowest was 0.56. And the median was 1.19.

KRNY's Price-to-Tangible-Book is ranked better than
78.86% of 1443 companies
in the Banks industry
Industry Median: 0.91 vs KRNY: 0.56

A closely related ratio is called PB Ratio. As of today, Kearny Financial's share price is $5.54. Kearny Financial's Book Value per Sharefor the quarter that ended in Dec. 2023 was $13.16. Hence, Kearny Financial's P/B Ratio of today is 0.42.


Kearny Financial Price-to-Tangible-Book Historical Data

The historical data trend for Kearny Financial'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.

Kearny Financial Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Price-to-Tangible-Book
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.30 0.79 1.14 1.12 0.71

Kearny Financial 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 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 Premium Member Only Premium Member Only Premium Member Only 1.04 0.83 0.71 0.71 0.91

Competitive Comparison

For the Banks - Regional subindustry, Kearny Financial'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.


Kearny Financial Price-to-Tangible-Book Distribution

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

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



Kearny Financial Price-to-Tangible-Book Calculation

Kearny Financial's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=5.54/9.852
=0.56

* 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.


Kearny Financial Price-to-Tangible-Book Related Terms

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


Kearny Financial (Kearny Financial) Business Description

Traded in Other Exchanges
N/A
Address
120 Passaic Avenue, Fairfield, NJ, USA, 07004
Kearny Financial Corp is a federally-chartered stock savings bank. The bank is engaged in the business of attracting deposits from the general public in New Jersey and New York, and using these deposits, together with other funds, to originate or purchase loans for its portfolios and invest in securities. The bank's loan portfolio is chiefly comprised of loans collateralized by commercial and residential real estate. It is also heavily into secured and unsecured business and consumer loans. The bank's primary source of income is net interest income.
Executives
Melvina Wong-zaza director 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
John F Mcgovern director C/O KEARNY FINANCIAL CORP, 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Curtland E Fields director 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Thomas Demedici officer: EVP and CCO 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Timothy A Swansson officer: EVP and CTIO 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Leopold W Montanaro director C/O KEARNY FINANCIAL CORP, 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Charles J Pivirotto director C/O KEARNY FINANCIAL CORP., 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Mazur John J Jr director C/O KEARNY FINANCIAL CORP, 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
John F Regan director C/O KEARNY FINANCIAL CORP, 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Raymond E. Chandonnet director 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Patrick M Joyce officer: EVP/CLO C/O KEARNY FINANCIAL CORP, 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Theodore J Aanensen director C/O KEARNY FINANCIAL CORP, 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Christopher Petermann director 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Catherine A Lawton director 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Matthew T Mcclane director C/O KEARNY FINANCIAL CORP, 120 PASSAIC AVENUE, FAIRFIELD NJ 07004