GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » ArrowMark Financial Corp (NAS:BANX) » Definitions » PB Ratio

ArrowMark Financial (ArrowMark Financial) PB Ratio : 0.86 (As of Apr. 30, 2024)


View and export this data going back to 2013. Start your Free Trial

What is ArrowMark Financial PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-04-30), ArrowMark Financial's share price is $18.35. ArrowMark Financial's Book Value per Share for the quarter that ended in Dec. 2023 was $21.43. Hence, ArrowMark Financial's PB Ratio of today is 0.86.

The historical rank and industry rank for ArrowMark Financial's PB Ratio or its related term are showing as below:

BANX' s PB Ratio Range Over the Past 10 Years
Min: 0.71   Med: 0.85   Max: 0.94
Current: 0.86

During the past 11 years, ArrowMark Financial's highest PB Ratio was 0.94. The lowest was 0.71. And the median was 0.85.

BANX's PB Ratio is ranked better than
67.53% of 1691 companies
in the Asset Management industry
Industry Median: 0.93 vs BANX: 0.86

During the past 12 months, ArrowMark Financial's average Book Value Per Share Growth Rate was 3.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -0.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -0.50% per year.

During the past 11 years, the highest 3-Year average Book Value Per Share Growth Rate of ArrowMark Financial was 0.90% per year. The lowest was -2.70% per year. And the median was -0.30% per year.

Back to Basics: PB Ratio


ArrowMark Financial PB Ratio Historical Data

The historical data trend for ArrowMark Financial's PB Ratio 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.

ArrowMark Financial PB Ratio Chart

ArrowMark Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.02 0.90 1.01 0.82 0.85

ArrowMark Financial Quarterly Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Jun23 Dec23
PB Ratio 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 0.92 0.83 0.82 0.78 0.85

Competitive Comparison of ArrowMark Financial's PB Ratio

For the Asset Management subindustry, ArrowMark Financial's PB Ratio, along with its competitors' market caps and PB Ratio 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.


ArrowMark Financial's PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, ArrowMark Financial's PB Ratio distribution charts can be found below:

* The bar in red indicates where ArrowMark Financial's PB Ratio falls into.



ArrowMark Financial PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

ArrowMark Financial's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=18.35/21.432
=0.86

* 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 Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


ArrowMark Financial  (NAS:BANX) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


ArrowMark Financial PB Ratio Related Terms

Thank you for viewing the detailed overview of ArrowMark Financial's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


ArrowMark Financial (ArrowMark Financial) Business Description

Traded in Other Exchanges
N/A
Address
100 Fillmore Street, Suite 325, Denver, CO, USA, 80206
ArrowMark Financial Corp is a non-diversified, closed-end management investment company. Its objective is to provide stockholders with current income, and to a lesser extent capital appreciation. The company's investment in various portfolios such as debt securities, trust preferred securities, preferred shares of credit securitization, preferred securities, convertible preferred stock, exchange-traded fund, limited partnership interest, and money market fund.
Executives
John Scott Emrich director C/O DESTRA CAPITAL ADVISORS LLC, 444 WEST LAKE STREET, SUITE 1700, CHICAGO IL 60606-0070
Dana Staggs officer: President C/O ARROWMARK FINANCIAL CORP., 340 MADISON AVENUE, 22ND FLOOR, NEW YORK NY 10173
Guy M Arnold director 518 17TH STREET, STE 1700, DENVER CO 80202
Patrick Joseph Farrell officer: Chief Financial Officer 152 WEST 57TH STREET, NEW YORK NY 10019
Sanjai Bhonsle director, officer: CEO C/O STONECASTLE FINANCIAL CORP., 152 WEST 57TH STREET, 35TH FLOOR, NEW YORK NY 10019
Richard Allen Grove officer: Chief Compliance Officer 518 17TH STREET, 17TH FLOOR, DENVER CO 80202
Michael Stolper director C/O STONECASTLE FINANCIAL CORP., 152 WEST 57TH STREET, 35TH FLOOR, NEW YORK NY 10019
Karen Reidy director C/O STONECASTLE FINANCIAL CORP., 152 WEST 57TH STREET, 35TH FLOOR, NEW YORK NY 10019
Praag Michael Van director C/O STONECASTLE FINANCIAL CORP., 152 WEST 57TH STREET, 35TH FLOOR, NEW YORK NY 10019
S David Lentinello officer: Controller 152 WEST 57TH STREET, 35TH FLOOR, NEW YORK NY 10019
Joshua S. Siegel director, 10 percent owner, officer: Chief Executive Officer 152 WEST 57TH STREET, 35TH FLOOR, NEW YORK NY 10019
Clara Miller director STONECASTLE FINANCIAL CORP, 152 WEST 57TH STREET, 35TH FL., NEW YORK NY 10019
George Shilowitz director, 10 percent owner, officer: President 152 WEST 57TH STREET, 35TH FLOOR, NEW YORK NY 10019
Emil Henry director HENRY, TIGER LLC, 717 5TH AVE, FLOOR 12-A, NEW YORK NY 10022
Rachel Schatten officer: See Remarks 152 WEST 57TH STREET, 35TH FLOOR, NEW YORK NY 10019

ArrowMark Financial (ArrowMark Financial) Headlines