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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 (2025-03-29), Unity Bancorp's share price is $41.29. Unity Bancorp's Book Value per Share for the quarter that ended in Dec. 2024 was $29.48. Hence, Unity Bancorp's PB Ratio of today is 1.40.
The historical rank and industry rank for Unity Bancorp's PB Ratio or its related term are showing as below:
During the past 13 years, Unity Bancorp's highest PB Ratio was 2.08. The lowest was 0.66. And the median was 1.30.
During the past 12 months, Unity Bancorp's average Book Value Per Share Growth Rate was 13.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 14.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 15.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 14.70% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Unity Bancorp was 16.00% per year. The lowest was -12.50% per year. And the median was 9.95% per year.
The historical data trend for Unity Bancorp'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.
Unity Bancorp Annual Data | |||||||||||||||||||||
Trend | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | Dec24 | |||||||||||
PB Ratio | Get a 7-Day Free Trial |
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1.06 | 1.33 | 1.21 | 1.14 | 1.48 |
Unity Bancorp Quarterly Data | ||||||||||||||||||||
Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | Dec24 | |
PB Ratio | Get a 7-Day Free Trial |
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1.14 | 1.04 | 1.08 | 1.20 | 1.48 |
For the Banks - Regional subindustry, Unity Bancorp'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.
For the Banks industry and Financial Services sector, Unity Bancorp's PB Ratio distribution charts can be found below:
* The bar in red indicates where Unity Bancorp's PB Ratio falls into.
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.
Unity Bancorp's PB Ratio for today is calculated as follows:
PB Ratio | = | Share Price | / | Book Value per Share (Q: Dec. 2024) |
= | 41.29 | / | 29.482 | |
= | 1.40 |
* 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:
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.
Unity Bancorp (NAS:UNTY) 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.
Thank you for viewing the detailed overview of Unity Bancorp's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Vincent Geraci | officer: Director of Mortgage Lending | C/O, 64 OLD HIGHWAY 22, CLINTON NJ 08809 |
James Joseph Donovan | officer: Chief Lending Officer/SVP | C/O, 64 OLD HIGHWAY 22, CLINTON NJ 08809 |
Mark S Brody | director | |
Mary E. Gross | director | C/O UNITY BANK, 64 OLD HIGHWAY 22, CLINTON NJ 08809 |
Peter E Maricondo | director | 4 DEXTER DRIVE SOUTH, BASKING RIDGE NJ 07920 |
George Boyan | officer: Chief Financial Officer | C/O, 64 OLD HIGHWAY 22, CLINTON NJ 08809 |
James A Hughes | director, officer: President/CEO | C/O UNITYBANK CORP, 64 OLD HWY 22, CLINTON NJ 08809 |
Minsu Kim | officer: Chief Credit Officer/SVP | C/O, 64 OLD HIGHWAY 22, CLINTON NJ 08809 |
Daniel C Sharabba | officer: Senior Retail Officer/SVP | C/O, 64 OLD HIGHWAY 22, CLINTON NJ 08809 |
Souders Donald E. Jr. | director | C/O UNITY BANK, 64 OLD HIGHWAY 22, CLINTON NJ 08809 |
James R Davies | officer: Controller/FVP | C/O, 64 OLD HIGHWAY 22, CLINTON NJ 08809 |
Dallas Robert H Ii | director, 10 percent owner | C/O UNITY BANCORP INC, 64 OLD HIGHWAY 22, CLINTON NJ 08809 |
David D Dallas | director, 10 percent owner, other: Chairman of the Board | C/O UNITY BANCORP INC, 64 OLD HIGHWAY 22, CLINTON NJ 08809 |
Wayne Courtright | director | 9 MICHAEL COURT, MILLSTONE TOWNSHIP NJ 07726 |
John J Kauchak | officer: EVP/COO | C/O UNITYBANK CORP, 64 OLD HWY 22, CLINTON NJ 08809 |
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