As of today (2024-04-25), Sterling Bancorp's share price is $4.82. Sterling Bancorp's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $6.26. Hence, Sterling Bancorp's Price to Tangible Book Ratio of today is 0.77.
The historical rank and industry rank for Sterling Bancorp's Price-to-Tangible-Book or its related term are showing as below:
SBT'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.72 Med: 1 Max: 2.52
Current: 0.77
During the past 9 years, Sterling Bancorp's highest Price to Tangible Book Ratio was 2.52. The lowest was 0.72. And the median was 1.00.
SBT's Price-to-Tangible-Book is ranked better than 64.56% of 1439
companies
in the Banks industry
Industry Median: 0.93
vs SBT: 0.77
A closely related ratio is called PB Ratio. As of today, Sterling Bancorp's share price is $4.82. Sterling Bancorp's Book Value per Sharefor the quarter that ended in Dec. 2023 was $6.29. Hence, Sterling Bancorp's P/B Ratio of today is 0.77.
Sterling Bancorp Price-to-Tangible-Book Historical Data
The historical data trend for Sterling 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.
Competitive Comparison of Sterling Bancorp's Price-to-Tangible-Book
For the Banks - Regional subindustry, Sterling 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.
Sterling Bancorp's Price-to-Tangible-Book Distribution in the Banks Industry
For the Banks industry and Financial Services sector, Sterling Bancorp's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Sterling Bancorp'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.
Sterling Bancorp Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Sterling Bancorp's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Sterling Bancorp (Sterling Bancorp) Business Description
Sterling Bancorp Inc is a unitary savings and loan holding company. Its primary business is the operation of its wholly-owned subsidiary, Sterling Bank, through which it offers a range of loan products to the residential and commercial markets, as well as retail banking services. The products and services offered by the bank include saving and current accounts, demand and term deposits, payment cards, trade finance, fund transfer, treasury and cash management. It provides services such as construction loans, residential real estate, commercial real estate, commercial lines of credit and other consumer loans.
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