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Carolina Financial (Carolina Financial) PB Ratio : 1.10 (As of May. 12, 2024)


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What is Carolina Financial 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 (2024-05-12), Carolina Financial's share price is $32.88. Carolina Financial's Book Value per Share for the quarter that ended in Dec. 2019 was $30.01. Hence, Carolina Financial's PB Ratio of today is 1.10.

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

CARO's PB Ratio is not ranked *
in the Banks industry.
Industry Median: 0.86
* Ranked among companies with meaningful PB Ratio only.

Back to Basics: PB Ratio


Carolina Financial PB Ratio Historical Data

The historical data trend for Carolina Financial'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.

Carolina Financial PB Ratio Chart

Carolina Financial Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
PB Ratio
Get a 7-Day Free Trial 1.55 2.37 1.64 1.15 1.44

Carolina Financial Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
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 1.15 1.31 1.29 1.27 1.44

Competitive Comparison of Carolina Financial's PB Ratio

For the Banks - Regional subindustry, Carolina Financial'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.


Carolina Financial's PB Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Carolina Financial's PB Ratio falls into.



Carolina Financial 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.

Carolina Financial's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2019)
=32.88/30.005
=1.10

* 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.


Carolina Financial  (NAS:CARO) 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.


Carolina Financial PB Ratio Related Terms

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


Carolina Financial (Carolina Financial) Business Description

Traded in Other Exchanges
N/A
Address
288 Meeting Street, Charleston, SC, USA, 29401
Carolina Financial Corp is a US-based bank holding company. It offers a variety of traditional community banking services to individuals and businesses. Its operating segment includes Community banking, Wholesale mortgage banking, and others. Generating, a majority of its revenue from the Community banking segment. The company's product line includes loans to small and medium-sized businesses, residential and commercial construction and development loans, commercial real estate loans, residential mortgage loans, residential lot loans, home equity loans, consumer loans and a variety of commercial and consumer demand, savings, and time deposit products.
Executives
Watts Claudius E. Iv director THE CARLYLE GROUP, 101 S. TRYON STREET, 25TH FLOOR, CHARLOTTE NC 28280
Jerry L Rexroad director, officer: President and CEO 288 MEETING STREET, CHARLESTON SC 29401
Benedict P Rosen director 28601 CLEMENS RD, WESTLAKE OH 44145

Carolina Financial (Carolina Financial) Headlines

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