Piraeus Financial Holdings (Piraeus Financial Holdings) Price-to-Tangible-Book

: 0.65 (As of Today)

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As of today (2024-04-19), Piraeus Financial Holdings's share price is $3.96. Piraeus Financial Holdings's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $6.08. Hence, Piraeus Financial Holdings's Price to Tangible Book Ratio of today is 0.65.

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

BPIRY' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.05 Med: 0.22 Max: 0.77
Current: 0.67

During the past 13 years, Piraeus Financial Holdings's highest Price to Tangible Book Ratio was 0.77. The lowest was 0.05. And the median was 0.22.

BPIRY's Price-to-Tangible-Book is ranked better than
72.14% of 1443 companies
in the Banks industry
Industry Median: 0.91 vs BPIRY: 0.67

A closely related ratio is called PB Ratio. As of today, Piraeus Financial Holdings's share price is $3.96. Piraeus Financial Holdings's Book Value per Sharefor the quarter that ended in Dec. 2023 was $6.39. Hence, Piraeus Financial Holdings's P/B Ratio of today is 0.62.

Piraeus Financial Holdings Price-to-Tangible-Book Historical Data

The historical data trend for Piraeus Financial Holdings'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.

Piraeus Financial Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

0.17

0.08

0.28

0.25

0.57

Piraeus Financial Holdings 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																0.25	0.40	0.53	0.52	0.57

Competitive Comparison

For the Banks - Regional subindustry, Piraeus Financial Holdings'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.

Piraeus Financial Holdings Price-to-Tangible-Book Distribution

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

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

Piraeus Financial Holdings Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	3.96	/	6.082
	=	0.65

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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.

Piraeus Financial Holdings Price-to-Tangible-Book Related Terms

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

Piraeus Financial Holdings (Piraeus Financial Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Piraeus Financial Holdings SA (OTCPK:BPIRY) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

BPIRF:USA TPEIR:Greece 0RTY:UK BKP:Germany

Address

4 Amerikis Street, Athens, GRC, 105 64

Website

https://www.piraeusbankgroup.com

Piraeus Financial Holdings SA is a universal banking group primarily operating in Greece, but with a presence in southeastern Europe and the eastern Mediterranean. Its banking unit specializes in small to midsize enterprise banking, agricultural banking, consumer and mortgage credit, green banking, investment banking, as well as leasing and factoring. The bank has an extensive distribution network, both traditional and alternative, most notably its e-banking platform Winbank. A majority of the bank's net revenue is net interest income, overwhelmingly derived from loans and advances to customers.

Piraeus Financial Holdings (Piraeus Financial Holdings) Headlines

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