Access Hldgs (NSA:ACCESSCORP) Price-to-Tangible-Book : 0.32 (As of May. 05, 2024)

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What is Access Hldgs Price-to-Tangible-Book?

As of today (2024-05-05), Access Hldgs's share price is ₦17.40. Access Hldgs's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was ₦54.56. Hence, Access Hldgs's Price to Tangible Book Ratio of today is 0.32.

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

NSA:ACCESSCORP' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.27 Med: 0.42 Max: 0.66
Current: 0.32

During the past 13 years, Access Hldgs's highest Price to Tangible Book Ratio was 0.66. The lowest was 0.27. And the median was 0.42.

NSA:ACCESSCORP's Price-to-Tangible-Book is ranked better than
92.49% of 1439 companies
in the Banks industry
Industry Median: 0.93 vs NSA:ACCESSCORP: 0.32

A closely related ratio is called PB Ratio. As of today, Access Hldgs's share price is ₦17.40. Access Hldgs's Book Value per Sharefor the quarter that ended in Dec. 2023 was ₦59.36. Hence, Access Hldgs's P/B Ratio of today is 0.29.

Access Hldgs Price-to-Tangible-Book Historical Data

The historical data trend for Access Hldgs'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.

Access Hldgs Price-to-Tangible-Book Chart

Access Hldgs Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.66

0.45

0.34

0.27

0.42

Access Hldgs Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															0.27	0.24	0.33	0.34	0.42

Competitive Comparison of Access Hldgs's Price-to-Tangible-Book

For the Banks - Regional subindustry, Access Hldgs'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.

Access Hldgs's Price-to-Tangible-Book Distribution in the Banks Industry

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

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

Access Hldgs Price-to-Tangible-Book Calculation

Access Hldgs's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	17.40	/	54.56
	=	0.32

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.

Access Hldgs Price-to-Tangible-Book Related Terms

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

Access Hldgs (NSA:ACCESSCORP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Access Hldgs Plc (NSA:ACCESSCORP) » Definitions » Price-to-Tangible-Book

Traded in Other Exchanges

N/A

Address

Prince Alaba Abiodun, Oniru Street, 14th Floor, Plot 14/15, Access Towers, Oniru Estate, Victoria Island, Lagos, NGA

Website

https://www.accessbankplc.com

Access Bank PLC is a full-service commercial bank based in Nigeria. It serves primarily through four market segments, namely Retail Banking, Business Banking, Commercial Banking, and Corporate and Investment Banking. The Commercial Banking segment provides commercial banking products and services to the non-institutional clients, medium and small corporate segments of the Nigerian market. Corporate & investment banking provides bespoke comprehensive banking products and a full range of services to multinationals, large domestic corporations, and other institutional clients. Retail banking provides financial products and services to individuals and the private banking segment. It has three geographical segments, which include Nigeria, the Rest of Africa, and Europe.

Access Hldgs (NSA:ACCESSCORP) Headlines

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