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Abbey Mortgage Bank (NSA:ABBEYBDS) PB Ratio : 2.91 (As of May. 25, 2024)


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What is Abbey Mortgage Bank 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 (2024-05-25), Abbey Mortgage Bank's share price is ₦2.46. Abbey Mortgage Bank's Book Value per Share for the quarter that ended in Dec. 2023 was ₦0.84. Hence, Abbey Mortgage Bank's PB Ratio of today is 2.91.

The historical rank and industry rank for Abbey Mortgage Bank's PB Ratio or its related term are showing as below:

NSA:ABBEYBDS' s PB Ratio Range Over the Past 10 Years
Min: 0.66   Med: 0.84   Max: 3.54
Current: 2.91

During the past 8 years, Abbey Mortgage Bank's highest PB Ratio was 3.54. The lowest was 0.66. And the median was 0.84.

NSA:ABBEYBDS's PB Ratio is ranked worse than
95% of 1460 companies
in the Banks industry
Industry Median: 0.86 vs NSA:ABBEYBDS: 2.91

During the past 12 months, Abbey Mortgage Bank's average Book Value Per Share Growth Rate was 11.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 17.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -7.70% per year.

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Abbey Mortgage Bank was 17.60% per year. The lowest was -27.50% per year. And the median was -13.80% per year.

Back to Basics: PB Ratio


Abbey Mortgage Bank PB Ratio Historical Data

The historical data trend for Abbey Mortgage Bank'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.

Abbey Mortgage Bank PB Ratio Chart

Abbey Mortgage Bank Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial 0.78 2.02 1.52 2.24 2.63

Abbey Mortgage Bank Semi-Annual Data
Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio Get a 7-Day Free Trial 0.78 2.02 1.52 2.24 2.63

Competitive Comparison of Abbey Mortgage Bank's PB Ratio

For the Banks - Regional subindustry, Abbey Mortgage Bank'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.


Abbey Mortgage Bank's PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Abbey Mortgage Bank's PB Ratio distribution charts can be found below:

* The bar in red indicates where Abbey Mortgage Bank's PB Ratio falls into.



Abbey Mortgage Bank 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.

Abbey Mortgage Bank's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=2.46/0.844
=2.91

* 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.


Abbey Mortgage Bank  (NSA:ABBEYBDS) 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.


Abbey Mortgage Bank PB Ratio Related Terms

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


Abbey Mortgage Bank (NSA:ABBEYBDS) Business Description

Traded in Other Exchanges
N/A
Address
No 23, Karimu Kotun Street, Victoria Island, Lagos, NGA
Abbey Mortgage Bank PLC provides loan, mortgage and banking services to corporate and individual customers. The Bank's operations are geographically divided into two segments based on its operations within the northern and southern Nigeria The company offers a savings account, deposits, fund management services, personal loan, real estate and mortgage services and construction financing, among others.

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