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 (2024-04-24), Trustco Bank N Y's share price is $27.94. Trustco Bank N Y's Book Value per Share for the quarter that ended in Dec. 2023 was $33.92. Hence, Trustco Bank N Y's PB Ratio of today is 0.82.
Good Sign:
Trustco Bank Corp N Y stock PB Ratio (=0.79) is close to 10-year low of 0.77
The historical rank and industry rank for Trustco Bank N Y's PB Ratio or its related term are showing as below:
TRST'
s PB Ratio Range Over the Past 10 Years
Min: 0.77 Med: 1.46 Max: 2.02
Current: 0.82
During the past 13 years, Trustco Bank N Y's highest PB Ratio was 2.02. The lowest was 0.77. And the median was 1.46.
TRST's PB Ratio is ranked better than 56.71% of 1460
companies
in the Banks industry
Industry Median: 0.85
vs TRST: 0.82
During the past 12 months, Trustco Bank N Y's average Book Value Per Share Growth Rate was 7.50% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 4.80% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 5.60% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 5.90% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Trustco Bank N Y was 15.60% per year. The lowest was -1.20% per year. And the median was 4.90% per year.
Back to Basics: PB Ratio
Trustco Bank N Y PB Ratio Historical Data
The historical data trend for Trustco Bank N Y'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.
For the Banks - Regional subindustry, Trustco Bank N Y'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.
Trustco Bank N Y PB Ratio Distribution
For the Banks industry and Financial Services sector, Trustco Bank N Y's PB Ratio distribution charts can be found below:
* The bar in red indicates where Trustco Bank N Y's PB Ratio falls into.
Trustco Bank N Y 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.
Trustco Bank N Y'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.
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.
Trustco Bank N Y PB Ratio Related Terms
Thank you for viewing the detailed overview of Trustco Bank N Y's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Trustco Bank N Y (Trustco Bank N Y) Business Description
Trustco Bank Corp N Y is a savings and loan holding company. The core part of a business consists of accepting deposits and making loans and investments. It offers a range of both personal and business banking services. The company's product includes savings accounts; retirement accounts; money market account; mortgages; building loans; auto loans and others.
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