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Pinnacle Financial Partners (Pinnacle Financial Partners) Price-to-Tangible-Book : 1.57 (As of Apr. 25, 2024)


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What is Pinnacle Financial Partners Price-to-Tangible-Book?

As of today (2024-04-25), Pinnacle Financial Partners's share price is $80.78. Pinnacle Financial Partners's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $51.38. Hence, Pinnacle Financial Partners's Price to Tangible Book Ratio of today is 1.57.

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

PNFP' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.57   Med: 2.11   Max: 3.45
Current: 1.57

During the past 13 years, Pinnacle Financial Partners's highest Price to Tangible Book Ratio was 3.45. The lowest was 1.57. And the median was 2.11.

PNFP's Price-to-Tangible-Book is ranked worse than
81.79% of 1439 companies
in the Banks industry
Industry Median: 0.93 vs PNFP: 1.57

A closely related ratio is called PB Ratio. As of today, Pinnacle Financial Partners's share price is $80.78. Pinnacle Financial Partners's Book Value per Sharefor the quarter that ended in Dec. 2023 was $75.80. Hence, Pinnacle Financial Partners's P/B Ratio of today is 1.07.


Pinnacle Financial Partners Price-to-Tangible-Book Historical Data

The historical data trend for Pinnacle Financial Partners'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.

Pinnacle Financial Partners Price-to-Tangible-Book Chart

Pinnacle Financial Partners Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.97 1.73 2.24 1.64 1.70

Pinnacle Financial Partners Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Price-to-Tangible-Book Get a 7-Day Free Trial 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 1.18 1.16 1.38 1.70 -

Competitive Comparison of Pinnacle Financial Partners's Price-to-Tangible-Book

For the Banks - Regional subindustry, Pinnacle Financial Partners'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.


Pinnacle Financial Partners's Price-to-Tangible-Book Distribution in the Banks Industry

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

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



Pinnacle Financial Partners Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=80.78/51.379
=1.57

* 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.


Pinnacle Financial Partners Price-to-Tangible-Book Related Terms

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


Pinnacle Financial Partners (Pinnacle Financial Partners) Business Description

Traded in Other Exchanges
Address
150 Third Avenue South, Suite 900, Nashville, TN, USA, 37201
Pinnacle Financial Partners Inc is a financial holding company. The company operates through its wholly-owned subsidiary, Pinnacle Bank. The bank provides a full range of lending products, including commercial, real estate, and consumer loans to individuals and small to medium-sized businesses. Pinnacle operates as a community bank primarily in the urban markets of Nashville, Knoxville, Memphis, and Chattanooga, Tennessee, as well as surrounding counties. Its strategy relies heavily on mergers and acquisitions. A majority of its loan portfolio is in commercial loans, primarily real estate, as well as industrial loans. The bank generates a majority of its net revenue through net interest income.
Executives
Mccabe Robert A Jr director 500 CHURCH ST, STE 200, NASHVILLE TN 37219
Harold R Carpenter officer: CFO
Charles E Brock director PO BOX 2007, DALTON GA 30722
Hugh M Queener other: Former CAO
Gregory L Burns director 203 LYNWOOD BLVD, C/O BASS BERRY & SIMS, NASHVILLE TN 37205
Joseph C Galante director 111 TENTH AVENUE, SUITE 200, NASHVILLE TN 37203
M Terry Turner officer: President & CEO
Smith Reese L Iii director
Gary L Scott director C/O MID-AMERICA BANCSHARES, INC, 7651 HIGHWAY 70 SOUTH, NASHVILLE TN 37221
Decosta Jenkins director 150 THIRD AVENUE SOUTH STE 900, NASHVILLE TN 37201
Callicutt Richard D Ii director, officer: Chairman-Carolinas & Virginia 3980 PREMIER DRIVE, SUITE 210, HIGH POINT NC 27265
Ronald L Samuel director, officer: Vice Chairman 111 TENTH AVENUE SOUTH, SUITE 200, NASHVILLE TN 37203
David B Ingram director TWO INGRAM BLVD, LA VERGNE TN 37089
Farnsworth Thomas C Iii director 101 WEST CHICKASAW PKWY., MEMPHIS TN 38111
G Kennedy Thompson director 3000 HANOVER STREET, PALO ALTO CA 94304