ITUB (Itau Unibanco Holding) Price-to-Tangible-Book : 1.61 (As of Dec. 15, 2024)

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What is Itau Unibanco Holding Price-to-Tangible-Book?

As of today (2024-12-15), Itau Unibanco Holding's share price is $5.27. Itau Unibanco Holding's Tangible Book per Share of Sep. 2024 for the quarter that ended in Sep. 2024 was $3.27. Hence, Itau Unibanco Holding's Price to Tangible Book Ratio of today is 1.61.

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

ITUB' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.4 Med: 1.91 Max: 2.82
Current: 1.56

During the past 13 years, Itau Unibanco Holding's highest Price to Tangible Book Ratio was 2.82. The lowest was 1.40. And the median was 1.91.

ITUB's Price-to-Tangible-Book is ranked worse than
77.8% of 1509 companies
in the Banks industry
Industry Median: 0.99 vs ITUB: 1.56

A closely related ratio is called PB Ratio. As of today, Itau Unibanco Holding's share price is $5.27. Itau Unibanco Holding's Book Value per Sharefor the quarter that ended in Sep. 2024 was $3.71. Hence, Itau Unibanco Holding's P/B Ratio of today is 1.42.

Itau Unibanco Holding Price-to-Tangible-Book Historical Data

The historical data trend for Itau Unibanco Holding'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.

Itau Unibanco Holding Price-to-Tangible-Book Chart

Itau Unibanco Holding Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

2.57

2.01

1.57

1.67

2.00

Itau Unibanco Holding Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Price-to-Tangible-Book	Get a 7-Day Free Trial															1.62	2.00	2.08	1.81	2.03

Competitive Comparison of Itau Unibanco Holding's Price-to-Tangible-Book

For the Banks - Regional subindustry, Itau Unibanco Holding'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.

Itau Unibanco Holding's Price-to-Tangible-Book Distribution in the Banks Industry

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

* The bar in red indicates where Itau Unibanco Holding's Price-to-Tangible-Book falls into.

Itau Unibanco Holding Price-to-Tangible-Book Calculation

Itau Unibanco Holding's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Sep. 2024 )
	=	5.27	/	3.27
	=	1.61

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

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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.

Itau Unibanco Holding Price-to-Tangible-Book Related Terms

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

Itau Unibanco Holding Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Itau Unibanco Holding SA (NYSE:ITUB) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

ITUB:Mexico BVXB:Germany BVXB:Germany ITUB4:Brazil ITUB3:Brazil ITUB:Argentina

Address

Praca Alfredo Egydio de Souza Aranha, 100, Torre Olavo Setubal, Parque Jabaquara, Sao Paulo, SP, BRA, 04344-902

Website

https://www.itau.com.br

Itau Unibanco is the largest privately held bank in Brazil, the result of the 2008 merger between Banco Itau and Unibanco. In addition to Brazil, the bank has significant operations in Chile, Colombia, Argentina, Uruguay, and Paraguay. Itau's commercial and consumer loans account for 33% and 44%% of the bank's total loans, respectively, while foreign loans account for 23% of its portfolio. The bank also operates the fifth-largest insurer in Brazil and is the second-largest asset manager in the country, giving it broad reach over the Brazilian financial system.