Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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.
Security Bank Price-to-Tangible-Book Related Terms
Security Bank Price-to-Tangible-Book Historical Data
* Premium members only.
The historical data trend for Security 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.
Security Bank Price-to-Tangible-Book Competitor Comparison
For the Banks - Regional subindustry, Security 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.
Security Bank Price-to-Tangible-Book vs Banks Industry
For the Banks industry and Financial Services sector, Security Bank's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Security Bank'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.
Security Bank (PHS:SECB) has a Price-to-Tangible-Book of 0.35 as of Aug. 26, 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 Security Bank and its competitors. According to the industry distribution chart, Security Bank ranks #75 out of 1498 companies in the Banks industry, placing it in the top 5%.
Is Security Bank's Price-to-Tangible-Book too high?
Security Bank's current Price-to-Tangible-Book is 0.35. The Banks industry median Price-to-Tangible-Book is 1.19. Security Bank's value of 0.35 is 70.6% below this industry median. Based on the distribution chart, Security Bank ranks #75 out of 1498 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, Security Bank has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Security Bank's Price-to-Tangible-Book compare to competitors?
According to the Banks industry distribution chart, Security Bank ranks #75 out of 1498 companies for Price-to-Tangible-Book. This places Security Bank in the top 5% of its industry — outperforming the majority of peers. The industry median Price-to-Tangible-Book is 1.19. Security Bank's value of 0.35 is 70.6% 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 1,498 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. Security Bank's current Price-to-Tangible-Book of 0.35 is 70.6% 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 Security Bank 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. Security Bank's current Price-to-Tangible-Book is 0.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Security Bank stock overvalued right now?
Based on GuruFocus' analysis, Security Bank (PHS:SECB) is currently considered Modestly Undervalued. The stock's GF Value™ is ₱92.08, compared to a current price of ₱66.95 — trading 27.3% below its estimated fair value. The current Price-to-Tangible-Book is 0.35 and 70.6% below the Banks industry median of 1.19. Security Bank's overall GF Score™ is 83/100 with 2 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 Security Bank (PHS:SECB), the current Price-to-Tangible-Book is 0.35 as of Aug. 26, 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 Security Bank (PHS:SECB) Overvalued in 2026?
Based on GuruFocus' analysis, Security Bank stock appears to be undervalued.
The current stock price of ₱66.95 is trading 27.3% below its estimated GF Value™ of ₱92.08.
GuruFocus considers Security Bank to be Modestly Undervalued.
Key valuation signals for PHS:SECB:
Price-to-Tangible-Book: 0.35
GF Value™: ₱92.08 vs. price of ₱66.95 (27.3% below fair value)
Industry Position: 70.6% below the Banks median (#75 of 1498)
No single metric tells the full story. See the PHS:SECB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Security Bank Corp is engaged in banking. It operates in four segments: the Financial Markets Segment focuses on providing the money market, foreign exchange, financial derivatives, securities distribution, asset management, trust, and fiduciary services; the Wholesale Banking Segment addresses the corporate, institutional, and public sector markets and commercial clients. Services include relationship management, lending and other credit facilities, trade, cash management, deposit-taking, and leasing services; the Retail Banking Segment addresses individual, retail, and small businesses; the Business Banking segment covers deposit-taking and servicing, consumer loans, credit card facilities, and bancassurance; and All Other Segments include other support services.
83GF Score
Get the complete analysis for PHS:SECB
Price-to-Tangible-Book is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
PHS:SECB has been successfully added to your 
