Societe Tunisienne de Banque (XTUN:STB) PB Ratio : 0.38 (As of May. 16, 2024)

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What is Societe Tunisienne de Banque 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), Societe Tunisienne de Banque's share price is TND3.34. Societe Tunisienne de Banque's Book Value per Share for the quarter that ended in Dec. 2022 was TND8.77. Hence, Societe Tunisienne de Banque's PB Ratio of today is 0.38.

Good Sign:

Societe Tunisienne de Banque SA stock PB Ratio (=0.41) is close to 2-year low of 0.37

The historical rank and industry rank for Societe Tunisienne de Banque's PB Ratio or its related term are showing as below:

XTUN:STB' s PB Ratio Range Over the Past 10 Years
Min: 0.33 Med: 0.48 Max: 1.77
Current: 0.38

During the past 8 years, Societe Tunisienne de Banque's highest PB Ratio was 1.77. The lowest was 0.33. And the median was 0.48.

XTUN:STB's PB Ratio is ranked better than
88.68% of 1458 companies
in the Banks industry
Industry Median: 0.85 vs XTUN:STB: 0.38

During the past 12 months, Societe Tunisienne de Banque's average Book Value Per Share Growth Rate was 7.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 7.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 19.80% per year.

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Societe Tunisienne de Banque was 35.30% per year. The lowest was 7.80% per year. And the median was 22.95% per year.

Back to Basics: PB Ratio

Societe Tunisienne de Banque PB Ratio Historical Data

The historical data trend for Societe Tunisienne de Banque'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.

Societe Tunisienne de Banque PB Ratio Chart

Societe Tunisienne de Banque Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

PB Ratio

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0.63

0.67

0.45

0.36

0.43

Societe Tunisienne de Banque Semi-Annual Data
	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22
PB Ratio	Get a 7-Day Free Trial			0.63	0.67	0.45	0.36	0.43

Competitive Comparison of Societe Tunisienne de Banque's PB Ratio

For the Banks - Regional subindustry, Societe Tunisienne de Banque'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.

Societe Tunisienne de Banque's PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Societe Tunisienne de Banque's PB Ratio distribution charts can be found below:

* The bar in red indicates where Societe Tunisienne de Banque's PB Ratio falls into.

Societe Tunisienne de Banque 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.

Societe Tunisienne de Banque's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2022)
	=	3.34	/	8.767
	=	0.38

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.

Societe Tunisienne de Banque (XTUN:STB) 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.

Societe Tunisienne de Banque PB Ratio Related Terms

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Societe Tunisienne de Banque (XTUN:STB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Societe Tunisienne de Banque SA (XTUN:STB) » Definitions » PB Ratio

Traded in Other Exchanges

N/A

Address

Rue Hedi Nouira, Tunis, TUN, 1001

Website

https://www.stb.com.tn

Societe Tunisienne de Banque SA is engaged in providing banking services. Its activities include accepting deposits, lending money, manage cash among others.