As of today (2024-04-18), Ally Financial's share price is $36.27. Ally Financial's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $35.38. Hence, Ally Financial's Price to Tangible Book Ratio of today is 1.03.
The historical rank and industry rank for Ally Financial's Price-to-Tangible-Book or its related term are showing as below:
ALLY'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.68 Med: 0.81 Max: 1.17
Current: 1.03
During the past 13 years, Ally Financial's highest Price to Tangible Book Ratio was 1.17. The lowest was 0.68. And the median was 0.81.
ALLY's Price-to-Tangible-Book is ranked better than 53.23% of 496
companies
in the Credit Services industry
Industry Median: 1.09
vs ALLY: 1.03
A closely related ratio is called PB Ratio. As of today, Ally Financial's share price is $36.27. Ally Financial's Book Value per Sharefor the quarter that ended in Dec. 2023 was $37.83. Hence, Ally Financial's P/B Ratio of today is 0.96.
Ally Financial Price-to-Tangible-Book Historical Data
The historical data trend for Ally 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.
Ally Financial Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
Price-to-Tangible-Book
0.82
0.93
1.17
0.76
0.99
Ally 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
0.76
0.76
0.79
0.84
0.99
Competitive Comparison
For the Credit Services subindustry, Ally 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.
Ally Financial Price-to-Tangible-Book Distribution
For the Credit Services industry and Financial Services sector, Ally Financial's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Ally Financial's Price-to-Tangible-Book falls into.
Ally Financial Price-to-Tangible-Book Calculation
Ally Financial's price-to-tangible-book ratio for today is calculated as:
* 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.
Ally Financial Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Ally Financial's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Ally Financial (Ally Financial) Business Description
Formerly the captive financial arm of General Motors, Ally Financial became an independent publicly traded firm in 2014 and is one of the largest consumer auto lenders in the country. While the firm has expanded its product offerings over time, it remains primarily focused on auto lending with more than 70% of its loan book in consumer auto loans and dealer financing. Ally also offers auto insurance, personal loans, commercial loans, credit cards, and holds a portfolio of mortgage debt, giving the bank a diversified business model, which includes brokerage services.
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