BankNordik P/F (OCSE:BNORDIK CSE) PB Ratio : 0.73 (As of May. 16, 2024)

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What is BankNordik P/F 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 (2024-05-16), BankNordik P/F's share price is kr151.50. BankNordik P/F's Book Value per Share for the quarter that ended in Mar. 2024 was kr206.54. Hence, BankNordik P/F's PB Ratio of today is 0.73.

Good Sign:

BankNordik P/F stock PB Ratio (=0.72) is close to 1-year low of 0.71

The historical rank and industry rank for BankNordik P/F's PB Ratio or its related term are showing as below:

OCSE:BNORDIK CSE' s PB Ratio Range Over the Past 10 Years
Min: 0.38 Med: 0.61 Max: 0.97
Current: 0.72

During the past 13 years, BankNordik P/F's highest PB Ratio was 0.97. The lowest was 0.38. And the median was 0.61.

OCSE:BNORDIK CSE's PB Ratio is ranked better than
65.27% of 1457 companies
in the Banks industry
Industry Median: 0.85 vs OCSE:BNORDIK CSE: 0.72

During the past 12 months, BankNordik P/F's average Book Value Per Share Growth Rate was 11.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -6.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -1.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 1.20% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of BankNordik P/F was 14.40% per year. The lowest was -46.00% per year. And the median was 2.80% per year.

Back to Basics: PB Ratio

BankNordik P/F PB Ratio Historical Data

The historical data trend for BankNordik P/F'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.

BankNordik P/F PB Ratio Chart

BankNordik P/F Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

Get a 7-Day Free Trial

0.46

0.60

0.61

0.67

0.79

BankNordik P/F Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
PB Ratio	Get a 7-Day Free Trial															0.97	0.74	0.82	0.79	0.74

Competitive Comparison of BankNordik P/F's PB Ratio

For the Banks - Regional subindustry, BankNordik P/F'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.

BankNordik P/F's PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, BankNordik P/F's PB Ratio distribution charts can be found below:

* The bar in red indicates where BankNordik P/F's PB Ratio falls into.

BankNordik P/F 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.

BankNordik P/F's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Mar. 2024)
	=	151.50	/	206.538
	=	0.73

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

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

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.

BankNordik P/F (OCSE:BNORDIK CSE) 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.

BankNordik P/F PB Ratio Related Terms

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

BankNordik P/F (OCSE:BNORDIK CSE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » BankNordik P/F (OCSE:BNORDIK CSE) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

BNW:Germany

Address

Oknarvegur 5, P.O. Box 3048, Torshavn, FRO, FO-110

Website

https://www.banknordik.fo

BankNordik P/F is a banking company. The bank provides a range of banking products and financial services to private and corporate customers. Its business units includes Banking and Non-life insurance. The Banking unit comprises Personal Banking and Corporate Banking. Personal Banking comprises private customers in the Faroe Islands and Greenland. Corporate Banking comprises corporate customers mainly in the Faroe Islands and in Greenland. The corporate also comprises a few remaining corporate customers from Denmark. Non-life insurance comprises the insurance company P/F TRYGD based The Faroe Islands. TRYGD is responsible for the-life insurance products. The company operates in the Faroe Islands, Denmark and Greenland of which key revenue is derived from the Faroe Islands.

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