Viet Nam Joint Stock Commercial Bank For Industry And Trade (STC:CTG) Price-to-Tangible-Book : 1.38 (As of May. 05, 2024)

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What is Viet Nam Joint Stock Commercial Bank For Industry And Trade Price-to-Tangible-Book?

As of today (2024-05-05), Viet Nam Joint Stock Commercial Bank For Industry And Trade's share price is ₫32400.00. Viet Nam Joint Stock Commercial Bank For Industry And Trade's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ₫23,412.23. Hence, Viet Nam Joint Stock Commercial Bank For Industry And Trade's Price to Tangible Book Ratio of today is 1.38.

The historical rank and industry rank for Viet Nam Joint Stock Commercial Bank For Industry And Trade's Price-to-Tangible-Book or its related term are showing as below:

STC:CTG' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.87 Med: 1.25 Max: 2.22
Current: 1.38

During the past 13 years, Viet Nam Joint Stock Commercial Bank For Industry And Trade's highest Price to Tangible Book Ratio was 2.22. The lowest was 0.87. And the median was 1.25.

STC:CTG's Price-to-Tangible-Book is ranked worse than
75.19% of 1439 companies
in the Banks industry
Industry Median: 0.93 vs STC:CTG: 1.38

A closely related ratio is called PB Ratio. As of today, Viet Nam Joint Stock Commercial Bank For Industry And Trade's share price is ₫32400.00. Viet Nam Joint Stock Commercial Bank For Industry And Trade's Book Value per Sharefor the quarter that ended in Mar. 2024 was ₫24,149.56. Hence, Viet Nam Joint Stock Commercial Bank For Industry And Trade's P/B Ratio of today is 1.34.

Viet Nam Joint Stock Commercial Bank For Industry And Trade Price-to-Tangible-Book Historical Data

The historical data trend for Viet Nam Joint Stock Commercial Bank For Industry And Trade'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.

Viet Nam Joint Stock Commercial Bank For Industry And Trade Price-to-Tangible-Book Chart

Viet Nam Joint Stock Commercial Bank For Industry And Trade Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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1.08

1.60

1.84

1.27

1.20

Viet Nam Joint Stock Commercial Bank For Industry And Trade Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Price-to-Tangible-Book	Get a 7-Day Free Trial															1.30	1.25	1.23	1.20	1.52

Competitive Comparison of Viet Nam Joint Stock Commercial Bank For Industry And Trade's Price-to-Tangible-Book

For the Banks - Regional subindustry, Viet Nam Joint Stock Commercial Bank For Industry And Trade'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.

Viet Nam Joint Stock Commercial Bank For Industry And Trade's Price-to-Tangible-Book Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Viet Nam Joint Stock Commercial Bank For Industry And Trade's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Viet Nam Joint Stock Commercial Bank For Industry And Trade's Price-to-Tangible-Book falls into.

Viet Nam Joint Stock Commercial Bank For Industry And Trade Price-to-Tangible-Book Calculation

Viet Nam Joint Stock Commercial Bank For Industry And Trade's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	32400.00	/	23412.232
	=	1.38

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.

Viet Nam Joint Stock Commercial Bank For Industry And Trade Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Viet Nam Joint Stock Commercial Bank For Industry And Trade's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

Viet Nam Joint Stock Commercial Bank For Industry And Trade (STC:CTG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Viet Nam Joint Stock Commercial Bank For Industry And Trade (STC:CTG) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

108 Tran Hung Dao Street, Hoan Kiem District, Hanoi, VNM

Website

https://www.vietinbank.vn

Viet Nam Joint Stock Commercial Bank For Industry And Trade is a Vietnam based banking service provider. The company's operating segment include Banking financial services, Non-banking financial services, and Others. It generates maximum revenue from the Banking financial services segment. The company provides banking services including mobilizing and receiving short, medium and long-term deposits from organizations or individuals; making short, medium and long term loans and advances to organizations and individuals; conducting foreign exchange transactions, international trade finance services, discounting of commercial papers, bonds and other valuable papers and other services.