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Ledyard Financial Group (Ledyard Financial Group) Price-to-Tangible-Book : 0.85 (As of Jun. 08, 2024)


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What is Ledyard Financial Group Price-to-Tangible-Book?

As of today (2024-06-08), Ledyard Financial Group's share price is $14.06. Ledyard Financial Group's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was $16.49. Hence, Ledyard Financial Group's Price to Tangible Book Ratio of today is 0.85.

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

LFGP' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.83   Med: 1.13   Max: 1.57
Current: 0.85

During the past 13 years, Ledyard Financial Group's highest Price to Tangible Book Ratio was 1.57. The lowest was 0.83. And the median was 1.13.

LFGP's Price-to-Tangible-Book is ranked better than
56.04% of 1440 companies
in the Banks industry
Industry Median: 0.91 vs LFGP: 0.85

A closely related ratio is called PB Ratio. As of today, Ledyard Financial Group's share price is $14.06. Ledyard Financial Group's Book Value per Sharefor the quarter that ended in Mar. 2024 was $16.49. Hence, Ledyard Financial Group's P/B Ratio of today is 0.85.


Ledyard Financial Group Price-to-Tangible-Book Historical Data

The historical data trend for Ledyard Financial Group'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.

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Ledyard Financial Group Price-to-Tangible-Book Chart

Ledyard Financial Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.45 0.94 1.14 1.12 1.02

Ledyard Financial Group Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - 0.83 0.90 1.02 0.93

Competitive Comparison of Ledyard Financial Group's Price-to-Tangible-Book

For the Banks - Regional subindustry, Ledyard Financial Group'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.


Ledyard Financial Group's Price-to-Tangible-Book Distribution in the Banks Industry

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

* The bar in red indicates where Ledyard Financial Group's Price-to-Tangible-Book falls into.



Ledyard Financial Group Price-to-Tangible-Book Calculation

Ledyard Financial Group's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=14.06/16.494
=0.85

* 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.


Ledyard Financial Group Price-to-Tangible-Book Related Terms

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


Ledyard Financial Group (Ledyard Financial Group) Business Description

Traded in Other Exchanges
N/A
Address
2 Maple Street, Hanover, NH, USA, 03755
Ledyard Financial Group Inc is a bank holding company. The company, through its subsidiary, operates in two segments: banking and wealth advisory services. The Banking segment consists of lending to commercial and consumer customers, as well as deposit-gathering activities. The Wealth advisory services include financial planning services, investment management services, personal tax services, trustee services, and estate planning. All of its revenues come from the Banking segment.

Ledyard Financial Group (Ledyard Financial Group) Headlines

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