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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.
East West Banking Price-to-Tangible-Book Related Terms
East West Banking Price-to-Tangible-Book Historical Data
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The historical data trend for East West Banking'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.
East West Banking Price-to-Tangible-Book Competitor Comparison
For the Banks - Regional subindustry, East West Banking'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.
East West Banking Price-to-Tangible-Book vs Banks Industry
For the Banks industry and Financial Services sector, East West Banking's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where East West Banking's Price-to-Tangible-Book falls into.
* 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.
East West Banking (PHS:EW) has a Price-to-Tangible-Book of 0.31 as of Sep. 02, 2026. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on East West Banking and its competitors. According to the industry distribution chart, East West Banking ranks #69 out of 1495 companies in the Banks industry, placing it in the top 4.6%.
Is East West Banking's Price-to-Tangible-Book too high?
East West Banking's current Price-to-Tangible-Book is 0.31. The Banks industry median Price-to-Tangible-Book is 1.19. East West Banking's value of 0.31 is 73.9% below this industry median. Based on the distribution chart, East West Banking ranks #69 out of 1495 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, East West Banking has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does East West Banking's Price-to-Tangible-Book compare to competitors?
According to the Banks industry distribution chart, East West Banking ranks #69 out of 1495 companies for Price-to-Tangible-Book. This places East West Banking in the top 5% of its industry — outperforming the majority of peers. The industry median Price-to-Tangible-Book is 1.19. East West Banking's value of 0.31 is 73.9% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Price-to-Tangible-Book for a Banks company?
The median Price-to-Tangible-Book among Banks companies is 1.19, based on 1,495 companies in the industry. Companies in the top quartile (top 25%) have a Price-to-Tangible-Book significantly above this median, while those in the bottom quartile fall well below. However, Price-to-Tangible-Book should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. East West Banking's current Price-to-Tangible-Book of 0.31 is 73.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Price-to-Tangible-Book mean?
A high Price-to-Tangible-Book can signal that a stock is expensive relative to its fundamentals. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on East West Banking and its competitors. For the Banks industry, the median Price-to-Tangible-Book is 1.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. East West Banking's current Price-to-Tangible-Book is 0.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is East West Banking stock overvalued right now?
Based on GuruFocus' analysis, East West Banking (PHS:EW) is currently considered Modestly Undervalued. The stock's GF Value™ is ₱14.25, compared to a current price of ₱10.20 — trading 28.4% below its estimated fair value. The current Price-to-Tangible-Book is 0.31 and 73.9% below the Banks industry median of 1.19. East West Banking's overall GF Score™ is 73/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Price-to-Tangible-Book calculated?
Price-to-Tangible-Book is calculated from a company's financial statements. For East West Banking (PHS:EW), the current Price-to-Tangible-Book is 0.31 as of Sep. 02, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is East West Banking (PHS:EW) Overvalued in 2026?
Based on GuruFocus' analysis, East West Banking stock appears to be undervalued.
The current stock price of ₱10.20 is trading 28.4% below its estimated GF Value™ of ₱14.25.
GuruFocus considers East West Banking to be Modestly Undervalued.
Key valuation signals for PHS:EW:
Price-to-Tangible-Book: 0.31
GF Value™: ₱14.25 vs. price of ₱10.20 (28.4% below fair value)
Industry Position: 73.9% below the Banks median (#69 of 1495)
No single metric tells the full story. See the PHS:EW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
East West Banking Corporation is a commercial bank providing financial services in the Philippines. The bank generates all revenue domestically. The bank operates through four segments: the Retail banking segment offers traditional branch banking products and services such as deposits, back-to-back/emerging market loans, and other over-the-counter (OTC) transactions, the Corporate banking segment handles lending and trade financing for both large corporations and middle-market clients, the Consumer banking segment caters to loans for individuals, and Treasury and Trust segment consists of treasury and trust operations of the Group. The company derives a majority of its revenue from the Consumer banking segment.
73GF Score
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