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Allbanc Split (TSX:ABK.PR.C.PFD) PB Ratio

: (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 (2022-12-02), Allbanc Split's share price is C$32.01. Allbanc Split's Book Value per Share for the fiscal year that ended in Feb. 2017 was C$0.00. Hence, Allbanc Split's PB Ratio of today is .

Good Sign:

Allbanc Split Corp stock P/B Ratio (=0.93) is close to 5-year low of 0.93

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

TSX:ABK.PR.C.PFD' s PB Ratio Range Over the Past 10 Years
Min: 0.37   Med: 1.2   Max: 1.93
Current: 0.93

During the past 13 years, Allbanc Split's highest PB Ratio was 1.93. The lowest was 0.37. And the median was 1.20.

TSX:ABK.PR.C.PFD's PB Ratio is not ranked
in the Asset Management industry.
Industry Median: 0.91 vs TSX:ABK.PR.C.PFD: 0.93

During the past 12 months, Allbanc Split's average Book Value Per Share Growth Rate was -9.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -6.80% per year. During the past 5 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 Allbanc Split was 45.20% per year. The lowest was 0.00% per year. And the median was -6.80% per year.

Back to Basics: PB Ratio


Allbanc Split (TSX:ABK.PR.C.PFD) PB Ratio Historical Data

The historical data trend for Allbanc Split'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.

Allbanc Split Annual Data
Trend Feb08 Feb09 Feb10 Feb11 Feb12 Feb13 Feb14 Feb15 Feb16 Feb17
PB Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Allbanc Split Semi-Annual Data
Feb08 Aug08 Feb09 Aug09 Feb10 Aug10 Feb11 Aug11 Feb12 Aug12 Feb13 Aug13 Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17
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 - - - - -

Allbanc Split (TSX:ABK.PR.C.PFD) PB Ratio Competitive Comparison

For the Asset Management subindustry, Allbanc Split'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.

   

Allbanc Split (TSX:ABK.PR.C.PFD) PB Ratio Distribution

For the Asset Management industry and Financial Services sector, Allbanc Split's PB Ratio distribution charts can be found below:

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



Allbanc Split 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.

Allbanc Split's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (A: Feb. 2017)
=32.01/
=

* 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.


Allbanc Split  (TSX:ABK.PR.C.PFD) 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.


Allbanc Split PB Ratio Related Terms

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


Allbanc Split (TSX:ABK.PR.C.PFD) Business Description

Allbanc Split logo
Traded in Other Exchanges
N/A
Address
Allbanc Split Corp is a mutual fund corporation. The company's portfolio includes shares of various banks to generate income for the holders of its preferred shares and to enable the holders of its capital shares to participate in any capital appreciation in the Portfolio Shares and to benefit from any increase in the dividends payable on the Portfolio Shares.

Allbanc Split (TSX:ABK.PR.C.PFD) Headlines

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