Renasant (Renasant) Price-to-Tangible-Book

: 1.39 (As of Today)

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As of today (2024-04-19), Renasant's share price is $29.57. Renasant's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $21.29. Hence, Renasant's Price to Tangible Book Ratio of today is 1.39.

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

RNST' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.34 Med: 1.94 Max: 2.63
Current: 1.39

During the past 13 years, Renasant's highest Price to Tangible Book Ratio was 2.63. The lowest was 1.34. And the median was 1.94.

RNST's Price-to-Tangible-Book is ranked worse than
75.19% of 1443 companies
in the Banks industry
Industry Median: 0.91 vs RNST: 1.39

A closely related ratio is called PB Ratio. As of today, Renasant's share price is $29.57. Renasant's Book Value per Sharefor the quarter that ended in Dec. 2023 was $40.92. Hence, Renasant's P/B Ratio of today is 0.72.

Renasant Price-to-Tangible-Book Historical Data

The historical data trend for Renasant'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.

Renasant Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

1.84

1.72

1.83

2.03

1.58

Renasant 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																2.03	1.58	1.32	1.30	1.58

Competitive Comparison

For the Banks - Regional subindustry, Renasant'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.

Renasant Price-to-Tangible-Book Distribution

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

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

Renasant Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	29.57	/	21.289
	=	1.39

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.

Renasant Price-to-Tangible-Book Related Terms

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

Renasant (Renasant) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Renasant Corp (NYSE:RNST) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

209 Troy Street, Tupelo, MS, USA, 38804-4827

Website

https://www.renasantbank.com

Renasant Corp operates as a holding company for Renasant Bank, a Mississippi banking corporation, and its subsidiary, Renasant Insurance, Inc. It has three reportable segments: community banks, insurance, and wealth management. With its community banks segment, the company provides a range of financial services to individuals and small businesses. Its insurance segment is an insurance agency providing commercial and personal insurance through third-party carriers. The wealth management segment provides a range of services including money management and retirement planning. The majority of the company's revenue is driven by lending activities in its community banks segment. Renasant Corporation operates in the southern United States.

Executives

Curtis J Perry	officer: SEVP	P.O. BOX 120, COLUMBUS GA 31902
John Foy	director	1881 N PARC CIRCLE, TUPELO MS 38804
Rose J. Flenorl	director	209 TROY STREET, TUPELO MS 38804
Holland Neal A Jr	director	PO BOX 1948, DECATUR AL 35602
Baxter Jimmy R. Iii	officer: EVP/Chief Risk Officer	209 TROY ST, TUPELO MS 38804
James W Gray	officer: Executive Vice President
John Creekmore	director
Edward Robinson Mcgraw	officer: CEO/Pres
Mabry James C. Iv	officer: EVP and CFO	209 TROY STREET, TUPELO MS 38804
Kelly Hutcheson	officer: EVP/Chief Accounting Officer	209 TROY STREET, TUPELO MS 38804
R Rick Hart	director, officer: Sr Executive Vice President	916 CHANCERY LN, NASHVILLE TN 37205
Richard Heyer	director
Gary D. Butler	director	209 TROY STREET, TUPELO MS 38804
Bartow Jr Morgan	officer: Executive Vice President	106 E CROGAN STREET, LAWRENCEVILLE GA 30046
Fred F Sharpe	director	C/O HERITAGE FINANCIAL GROUP, 721 N WESTOVER BOULEVARD, ALBANY GA 31707