Swedbank AB (Swedbank AB) PB Ratio : 1.16 (As of Apr. 26, 2024)

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What is Swedbank AB 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 (2024-04-26), Swedbank AB's share price is $19.09. Swedbank AB's Book Value per Share for the quarter that ended in Mar. 2024 was $16.40. Hence, Swedbank AB's PB Ratio of today is 1.16.

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

SWDBY' s PB Ratio Range Over the Past 10 Years
Min: 0.81 Med: 1.57 Max: 2.14
Current: 1.22

During the past 13 years, Swedbank AB's highest PB Ratio was 2.14. The lowest was 0.81. And the median was 1.57.

SWDBY's PB Ratio is ranked worse than
74.07% of 1458 companies
in the Banks industry
Industry Median: 0.85 vs SWDBY: 1.22

During the past 12 months, Swedbank AB'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 8.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 7.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 5.20% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Swedbank AB was 15.10% per year. The lowest was -8.30% per year. And the median was 3.45% per year.

Back to Basics: PB Ratio

Swedbank AB PB Ratio Historical Data

The historical data trend for Swedbank AB'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.

Swedbank AB PB Ratio Chart

Swedbank AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

Get a 7-Day Free Trial

1.13

1.06

1.27

1.12

1.17

Swedbank AB 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															1.11	1.11	1.18	1.17	1.21

Competitive Comparison of Swedbank AB's PB Ratio

For the Banks - Regional subindustry, Swedbank AB'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.

Swedbank AB's PB Ratio Distribution in the Banks Industry

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

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

Swedbank AB 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.

Swedbank AB's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Mar. 2024)
	=	19.09	/	16.399
	=	1.16

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

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.

Swedbank AB (OTCPK:SWDBY) 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.

Swedbank AB PB Ratio Related Terms

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Swedbank AB (Swedbank AB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Swedbank AB (OTCPK:SWDBY) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

SWDBF:USA SWED A:Sweden 0H6T:UK SWEDAs:UK FRYA:Germany

Address

Landsvagen 40, Sundbyberg, Stockholm, SWE, 172 63

Website

https://www.swedbank.com

Swedbank is one of the oldest banks in Sweden, where it derives the lion's share of its income. The bank is the result of merging savings and union banks in Sweden in the aftermath of the financial crisis in the early 1990s in Sweden. The remaining independent savings banks in Sweden remain in close collaboration with Swedbank, acting as an additional product distribution channel to Swedbank and sharing Swedbank's IT systems and part of its development costs. In addition, the bank operates in the three Baltic states: Estonia, Latvia, and Lithuania. Swedbank has a market-leading position in the Baltics, with share ranging from 20% to 55% in retail banking, where it generates 16% of revenue.