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Park National (Park National) PB Ratio : 1.91 (As of Apr. 25, 2024)


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What is Park National 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 (2024-04-25), Park National's share price is $137.49. Park National's Book Value per Share for the quarter that ended in Dec. 2023 was $71.95. Hence, Park National's PB Ratio of today is 1.91.

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

PRK' s PB Ratio Range Over the Past 10 Years
Min: 1.09   Med: 1.88   Max: 2.45
Current: 1.91

During the past 13 years, Park National's highest PB Ratio was 2.45. The lowest was 1.09. And the median was 1.88.

PRK's PB Ratio is ranked worse than
89.1% of 1459 companies
in the Banks industry
Industry Median: 0.85 vs PRK: 1.91

During the past 12 months, Park National's average Book Value Per Share Growth Rate was 8.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 3.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 5.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 5.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Park National was 22.20% per year. The lowest was -1.30% per year. And the median was 4.10% per year.

Back to Basics: PB Ratio


Park National PB Ratio Historical Data

The historical data trend for Park National'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.

Park National PB Ratio Chart

Park National 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 1.73 1.65 2.01 2.14 1.87

Park National 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 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 1.77 1.52 1.40 1.87 1.89

Competitive Comparison of Park National's PB Ratio

For the Banks - Regional subindustry, Park National'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.


Park National's PB Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Park National's PB Ratio falls into.



Park National 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.

Park National's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=137.49/71.951
=1.91

* 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.


Park National  (AMEX:PRK) 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.


Park National PB Ratio Related Terms

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


Park National (Park National) Business Description

Traded in Other Exchanges
N/A
Address
50 North Third Street, P.O. Box 3500, Newark, OH, USA, 43058-3500
Park National Corp is a diversified financial services company based in Newark, Ohio, consisting of 11 community banking divisions with more than 100 offices in Ohio and Kentucky. Park National provides banking and other financial services to consumers and businesses.
Executives
Englefield F W Iv director 50 NORTH THIRD STREET, P O BOX 3500, NEWARK OH 43058-3500
Dan Delawder director, officer: President and CEO
Miller Daniel Byrd Iii director 50 N THIRD ST, NEWARK OH 43055
Frederic M Bertley director 50 N THIRD ST, NEWARK OH 43055
Robert E Oneill director 50 N THIRD STREET, NEWARK OH 43055
Mark R Ramser director 50 N THIRD ST, NEWARK OH 43055
Timothy S. Mclain director 50 NORTH THIRD STREET, PO BOX 3500, NEWARK OH 43058-3500
James R Deroberts director 50 N THIRD STREET, NEWARK OH 43055
Jason N Judd director 50 N THIRD ST, NEWARK OH 43055
Leon Zazworsky director 50 NORTH THIRD STREET, PO BOX 3500, NEWARK OH 43058-3500
Kelly A Edds officer: Chief Accounting Officer 50 N THIRD STREET, NEWARK OH 43055
Alicia J Hupp director 50 N THIRD STREET, NEWARK OH 43055
Julia A Sloat director 1 RIVERSIDE PLAZA, COLUMBUS OH 43215
Brady T Burt officer: Chief Financial Officer 0015 BENCHMARK ROAD, SUITE 300, P.O. BOX 6580, AVON CO 81620
Matthew R Miller officer: Chief Accounting Officer 50 NORTH THIRD STREET, NEWARK OH 43055

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