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Sterling Bancorp (Sterling Bancorp) PB Ratio : 0.77 (As of Apr. 25, 2024)


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What is Sterling Bancorp 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), Sterling Bancorp's share price is $4.82. Sterling Bancorp's Book Value per Share for the quarter that ended in Dec. 2023 was $6.29. Hence, Sterling Bancorp's PB Ratio of today is 0.77.

Good Sign:

Sterling Bancorp Inc stock PB Ratio (=0.78) is close to 2-year low of 0.72

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

SBT' s PB Ratio Range Over the Past 10 Years
Min: 0.42   Med: 0.95   Max: 3.82
Current: 0.77

During the past 9 years, Sterling Bancorp's highest PB Ratio was 3.82. The lowest was 0.42. And the median was 0.95.

SBT's PB Ratio is ranked better than
58.33% of 1459 companies
in the Banks industry
Industry Median: 0.85 vs SBT: 0.77

During the past 12 months, Sterling Bancorp's average Book Value Per Share Growth Rate was 2.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -0.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -0.60% per year.

During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of Sterling Bancorp was 34.90% per year. The lowest was -2.60% per year. And the median was 4.95% per year.

Back to Basics: PB Ratio


Sterling Bancorp PB Ratio Historical Data

The historical data trend for Sterling 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.

* Premium members only.

Sterling Bancorp PB Ratio Chart

Sterling Bancorp Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only 1.22 0.71 0.84 0.99 0.92

Sterling Bancorp Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.99 0.91 0.90 0.96 0.92

Competitive Comparison of Sterling Bancorp's PB Ratio

For the Banks - Regional subindustry, Sterling 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.


Sterling Bancorp's PB Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Sterling Bancorp's PB Ratio falls into.



Sterling Bancorp 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.

Sterling Bancorp's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=4.82/6.294
=0.77

* 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.


Sterling Bancorp  (NAS:SBT) 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.


Sterling Bancorp PB Ratio Related Terms

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


Sterling Bancorp (Sterling Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
One Towne Square, Suite 1900, Southfield, MI, USA, 48076
Sterling Bancorp Inc is a unitary savings and loan holding company. Its primary business is the operation of its wholly-owned subsidiary, Sterling Bank, through which it offers a range of loan products to the residential and commercial markets, as well as retail banking services. The products and services offered by the bank include saving and current accounts, demand and term deposits, payment cards, trade finance, fund transfer, treasury and cash management. It provides services such as construction loans, residential real estate, commercial real estate, commercial lines of credit and other consumer loans.
Executives
Elizabeth M. Keogh officer: Chief Legal Officer STERLING BANCORP, INC., ONE TOWNE SQUARE, SUITE 1900, SOUTHFIELD MI 48076
Eboh Duke Okorie director 100 VAN REYPEN STREET, JERSEY CITY NJ 07306
Michael Donahue director C/O STERLING BANCORP, INC., ONE TOWNE SQUARE, SUITE 1900, SOUTHFIELD MI 48076
Erwin A. Rubenstein 10 percent owner C/O STERLING BANCORP, INC., ONE TOWNE SQUARE, SUITE 1900, SOUTHFIELD MI 48076
Karen Knott officer: EVP and CFO ONE TOWNE SQUARE, SUITE 1900, SOUTHFIELD MI 48076
Thomas M Obrien officer: CHIEF EXECUTIVE OFFICER C/O STATE BANK OF LONG ISLAND, 2 JERICHO PLAZA, JERICHO NY 11753
John Thomas Macfarlane 10 percent owner 151 S. OLD WOODWARD AVE., STE. 200, BIRMINGHAM MI 48009
Christine Meredith officer: CHIEF RISK OFFICER ONE TOWNE SQUARE, SUITE 1900, SOUTHFIELD MI 48076
Kimmel Colleen officer: GEN COUNSEL & CORP SECRETARY ONE TOWNE SQUARE, SUITE 1900, SOUTHFIELD MI 48076
Steve Huber officer: CHIEF FINANCIAL OFFICER ONE TOWNE SQUARE, SUITE 1900, SOUTHFIELD MI 48076
Tracey A Dedrick director C/O HUDSON CITY BANCORP, INC., PARAMUS NJ 07652
Peggy Daitch director ONE TOWNE SQUARE, SUITE 1900, SOUTHFIELD MI 48076
Denny Kim director C/O WL ROSS GROUP, L.P., 1166 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Steven E. Gallotta director ONE TOWNE SQUARE, SUITE 1900, SOUTHFIELD MI 48076
Harry S. Stern 10 percent owner 220 MONTGOMERY STREET, 15TH FLOOR, SAN FRANCISCO CA 94104