As of today (2024-12-12), 1st Source's share price is $64.24. 1st Source's Tangible Book per Share of Sep. 2024 for the quarter that ended in Sep. 2024 was $41.48. Hence, 1st Source's Price to Tangible Book Ratio of today is 1.55.
The historical rank and industry rank for 1st Source's Price-to-Tangible-Book or its related term are showing as below:
SRCE'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1 Med: 1.48 Max: 2.12
Current: 1.55
During the past 13 years, 1st Source's highest Price to Tangible Book Ratio was 2.12. The lowest was 1.00. And the median was 1.48.
SRCE's Price-to-Tangible-Book is ranked worse than 76.95% of 1510
companies
in the Banks industry
Industry Median: 0.99
vs SRCE: 1.55
The historical data trend for 1st Source'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.
Competitive Comparison of 1st Source's Price-to-Tangible-Book
For the Banks - Regional subindustry, 1st Source'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.
1st Source's Price-to-Tangible-Book Distribution in the Banks Industry
For the Banks industry and Financial Services sector, 1st Source's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where 1st Source's Price-to-Tangible-Book falls into.
1st Source Price-to-Tangible-Book Calculation
1st Source's price-to-tangible-book ratio for today is calculated as:
* 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.
1st Source Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of 1st Source's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
1st Source Corp along with its subsidiary offers banking services. The bank provides Commercial, Agricultural, and Real Estate Loans which are given to privately owned business clients mainly located within regional market area, Consumer Services that consists of full range of consumer banking products and services, Trust and Wealth Advisory Services and Insurance services to individuals and business clients. Its Specialty Finance Group offers financing services for construction equipment, new and pre-owned private and cargo aircraft, and various vehicle types for fleet purposes.
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