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Avidbank Holdings (Avidbank Holdings) Price-to-Tangible-Book : 0.96 (As of Jun. 03, 2024)


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What is Avidbank Holdings Price-to-Tangible-Book?

As of today (2024-06-03), Avidbank Holdings's share price is $18.98. Avidbank Holdings's Tangible Book per Share of Dec. 2019 for the quarter that ended in Dec. 2019 was $19.68. Hence, Avidbank Holdings's Price to Tangible Book Ratio of today is 0.96.

The historical rank and industry rank for Avidbank Holdings's Price-to-Tangible-Book or its related term are showing as below:

AVBH's Price-to-Tangible-Book is not ranked *
in the Banks industry.
Industry Median: 0.92
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Avidbank Holdings's share price is $18.98. Avidbank Holdings's Book Value per Sharefor the quarter that ended in Dec. 2019 was $19.68. Hence, Avidbank Holdings's P/B Ratio of today is 0.96.


Avidbank Holdings Price-to-Tangible-Book Historical Data

The historical data trend for Avidbank Holdings's Price-to-Tangible-Book 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.

Avidbank Holdings Price-to-Tangible-Book Chart

Avidbank Holdings Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.11 1.34 1.58 1.25 1.26

Avidbank Holdings Semi-Annual Data
Dec03 Dec04 Dec05 Dec06 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.11 1.34 1.58 1.25 1.26

Competitive Comparison of Avidbank Holdings's Price-to-Tangible-Book

For the Banks - Regional subindustry, Avidbank Holdings's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.


Avidbank Holdings's Price-to-Tangible-Book Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Avidbank Holdings's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Avidbank Holdings's Price-to-Tangible-Book falls into.



Avidbank Holdings Price-to-Tangible-Book Calculation

Avidbank Holdings's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2019 )
=18.98/19.681
=0.96

* 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 PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.


Avidbank Holdings Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Avidbank Holdings's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Avidbank Holdings (Avidbank Holdings) Business Description

Traded in Other Exchanges
N/A
Address
1732 North 1st Street, 6th Floor, San Jose, CA, USA, 95112
Avidbank Holdings Inc is a full-service commercial bank. It offers various services such as commercial and industrial lending, venture lending, structured finance, asset-based lending, sponsor finance, real estate construction, and commercial real estate lending.