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), New York Community Bancorp's share price is $3.0299. New York Community Bancorp's Book Value per Share for the quarter that ended in Dec. 2023 was $10.89. Hence, New York Community Bancorp's PB Ratio of today is 0.28.
Good Sign:
New York Community Bancorp Inc stock PB Ratio (=0.28) is close to 10-year low of 0.26
The historical rank and industry rank for New York Community Bancorp's PB Ratio or its related term are showing as below:
NYCB'
s PB Ratio Range Over the Past 10 Years
Min: 0.26 Med: 0.93 Max: 1.45
Current: 0.28
During the past 13 years, New York Community Bancorp's highest PB Ratio was 1.45. The lowest was 0.26. And the median was 0.93.
NYCB's PB Ratio is ranked better than 93.69% of 1459
companies
in the Banks industry
Industry Median: 0.85
vs NYCB: 0.28
During the past 12 months, New York Community Bancorp's average Book Value Per Share Growth Rate was -10.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -7.30% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -3.10% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -0.50% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of New York Community Bancorp was 62.90% per year. The lowest was -7.50% per year. And the median was 1.60% per year.
Back to Basics: PB Ratio
New York Community Bancorp PB Ratio Historical Data
The historical data trend for New York Community 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.
Competitive Comparison of New York Community Bancorp's PB Ratio
For the Banks - Regional subindustry, New York Community 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.
New York Community Bancorp's PB Ratio Distribution in the Banks Industry
For the Banks industry and Financial Services sector, New York Community Bancorp's PB Ratio distribution charts can be found below:
* The bar in red indicates where New York Community Bancorp's PB Ratio falls into.
New York Community 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.
New York Community Bancorp's PB Ratio for today is calculated as follows:
* 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.
New York Community Bancorp (NYSE:NYCB) PB Ratio Explanation
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.
New York Community Bancorp PB Ratio Related Terms
Thank you for viewing the detailed overview of New York Community Bancorp's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
New York Community Bancorp (New York Community Bancorp) Business Description
New York Community Bancorp Inc is the bank holding company. It is a New York State-chartered savings bank that operates through eight local divisions: Queens County Savings Bank, Roslyn Savings Bank, Richmond County Savings Bank, Roosevelt Savings Bank, and Atlantic Bank in New York; Garden State Community Bank in New Jersey; Ohio Savings Bank in Ohio, and AmTrust Bank in Florida and Arizona. The bank compete for depositors in diverse markets with a comprehensive menu of products and services, and access to multiple service channels, including online banking, mobile banking, and banking by phone. It is also a producer of multi-family loans in New York City.
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