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SouthState PB Ratio

: 1.28 (As of Today)
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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 (2022-08-17), SouthState's share price is $85.16. SouthState's Book Value per Share for the quarter that ended in Jun. 2022 was $66.64. Hence, SouthState's PB Ratio of today is 1.28.

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

SSB' s PB Ratio Range Over the Past 10 Years
Min: 0.62   Med: 1.38   Max: 1.96
Current: 1.26

During the past 13 years, SouthState's highest PB Ratio was 1.96. The lowest was 0.62. And the median was 1.38.

SSB's PB Ratio is ranked worse than
71.06% of 1448 companies
in the Banks industry
Industry Median: 1.00 vs SSB: 1.26

During the past 12 months, SouthState's average Book Value Per Share Growth Rate was 5.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 1.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 6.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 10.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of SouthState was 16.50% per year. The lowest was 1.40% per year. And the median was 9.90% per year.

Back to Basics: PB Ratio


SouthState PB Ratio Historical Data

The historical data trend for SouthState'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.

SouthState Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
PB Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.39 0.91 1.23 1.10 1.16

SouthState Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
PB Ratio 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 Premium Member Only Premium Member Only Premium Member Only 1.21 1.09 1.16 1.19 1.16

Competitive Comparison

For the Banks - Regional subindustry, SouthState'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.

   

SouthState PB Ratio Distribution

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

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



SouthState 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.

SouthState's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2022)
=85.16/66.636
=1.28

* 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.


SouthState  (NAS:SSB) 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.


SouthState PB Ratio Related Terms

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


SouthState Business Description

SouthState logo
Traded in Other Exchanges
Address
1101 First Street South, Suite 202, Winter Haven, FL, USA, 33880
SouthState Corp is a United States-based bank holding company. It provides a wide range of banking services and products to its customers through a wholly-owned bank subsidiary, South State Bank. The Bank provides retail and commercial banking services, mortgage lending services, trust and investment services, and consumer finance loans through financial centers in Alabama, Florida, Georgia, North Carolina, South Carolina, and Virginia. These services include demand, time and savings deposits, lending and credit card servicing, ATM processing, and wealth management and trust services.
Executives
Cooper Shantella E. director 241 RALPH MCGILL BLVD., NW ATLANTA GA 30308
Hertz Douglas J. director 3280 PEACHTREE ROAD NE SUITE 1600 ATLANTA GA 30305
Williams Douglas Lloyd officer: President, Atlanta Banking Grp 3280 PEACHTREE ROAD NE SUITE 1600 ATLANTA GA 30305
Cofield Ronald M. director 1101 FIRST STREET SOUTH WINTER HAVEN FL 33880
Holcomb John H Iii director 56 COUNTRY CLUB BLVD BIRMINGHAM AL 35213
Mcpherson Charles W director 42745 U.S. HIGHWAY 27 DAVENPORT FL 33837
Pou William K Jr director 42745 U.S. HIGHWAY 27 DAVENPORT FL 33837
Snively Joshua A director 42745 U.S. HIGHWAY 27 DAVENPORT FL 33837
Young Stephen Dean officer: Chief Strategy Officer 42745 U.S. HIGWAY 27 DAVENPORT FL 33837
Pinner Ernest S director
Arana Sara officer: Chief Accounting Officer 1101 FIRST STREET SOUTH WINTER HAVEN FL 33880
Page G Ruffner Jr director
Murray Richard Iv officer: President PO BOX 10686 BIRMINGHAM AL 35202
Matthews William E V officer: Chief Financial Officer
Corbett John C director, officer: CEO 1101 FIRST STREET SOUTH, SUITE 202 WINTER HAVEN FL 33880

SouthState Headlines

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