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Prime Bank (DHA:PRIMEBANK) Price-to-Tangible-Book : 0.74 (As of May. 01, 2024)


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What is Prime Bank Price-to-Tangible-Book?

As of today (2024-05-01), Prime Bank's share price is BDT22.00. Prime Bank's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was BDT29.61. Hence, Prime Bank's Price to Tangible Book Ratio of today is 0.74.

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

DHA:PRIMEBANK' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.58   Med: 0.75   Max: 1.17
Current: 0.74

During the past 10 years, Prime Bank's highest Price to Tangible Book Ratio was 1.17. The lowest was 0.58. And the median was 0.75.

DHA:PRIMEBANK's Price-to-Tangible-Book is ranked better than
66.81% of 1440 companies
in the Banks industry
Industry Median: 0.92 vs DHA:PRIMEBANK: 0.74

A closely related ratio is called PB Ratio. As of today, Prime Bank's share price is BDT22.00. Prime Bank's Book Value per Sharefor the quarter that ended in Sep. 2023 was BDT29.75. Hence, Prime Bank's P/B Ratio of today is 0.74.


Prime Bank Price-to-Tangible-Book Historical Data

The historical data trend for Prime Bank'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.

Prime Bank Price-to-Tangible-Book Chart

Prime Bank Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.73 0.75 0.69 0.83 0.68

Prime Bank Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.71 0.68 0.65 0.70 0.68

Competitive Comparison of Prime Bank's Price-to-Tangible-Book

For the Banks - Regional subindustry, Prime Bank'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.


Prime Bank's Price-to-Tangible-Book Distribution in the Banks Industry

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

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



Prime Bank Price-to-Tangible-Book Calculation

Prime Bank's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Sep. 2023 )
=22.00/29.612
=0.74

* 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.


Prime Bank Price-to-Tangible-Book Related Terms

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


Prime Bank (DHA:PRIMEBANK) Business Description

Traded in Other Exchanges
N/A
Address
119-120 Adamjee Court, Annex Building-2, Motijheel C/A, Dhaka, BGD, 1000
Prime Bank PLC Formerly Prime Bank Ltd is a commercial bank based in Bangladesh. The Bank offers all kinds of Commercial, Corporate, and Personal Banking services covering all segments of society. The Bank also provides off-shore banking services through its 3 (Three) Off-shore Banking Units (OBU). Its segment consists of Corporate & Institutional Banking, Commercial Banking, MSME(Micro, Small & Medium Enterprise), and Consumer.

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