Nova Banka AD (XBLB:NOVB-R-E) Price-to-Tangible-Book: 0.21 (As of Sep. 21, 2026)

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What is Nova Banka AD Price-to-Tangible-Book?

Nova Banka AD XBLB:NOVB-R-E Price-to-Tangible-Book is 0.21 as of Sep. 21, 2026.

As of today (2026-09-21), Nova Banka AD's share price is BAM0.50. Nova Banka AD's Tangible Book per Share of Jun. 2025 for the quarter that ended in Jun. 2025 was BAM2.44. Hence, Nova Banka AD's Price to Tangible Book Ratio of today is 0.21.

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

XBLB:NOVB-R-E's Price-to-Tangible-Book is not ranked *
in the Banks industry.
Industry Median: 1.19
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Nova Banka AD's share price is BAM0.50. Nova Banka AD's Book Value per Sharefor the quarter that ended in Jun. 2025 was BAM2.45. Hence, Nova Banka AD's P/B Ratio of today is 0.20.

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.

Nova Banka AD Price-to-Tangible-Book Related Terms

Nova Banka AD Price-to-Tangible-Book Historical Data

* Premium members only.

The historical data trend for Nova Banka AD'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.

Nova Banka AD Price-to-Tangible-Book Chart

Nova Banka AD Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only 0.43 0.24 0.20 0.17 0.15

Nova Banka AD Semi-Annual Data
Jun17 Dec17 Jun18 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun25
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.41 0.24 0.33 0.20 0.21

Nova Banka AD Price-to-Tangible-Book Competitor Comparison

For the Banks - Regional subindustry, Nova Banka AD'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.

Nova Banka AD Price-to-Tangible-Book vs Banks Industry

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

* The bar in red indicates where Nova Banka AD's Price-to-Tangible-Book falls into.


Nova Banka AD Price-to-Tangible-Book Calculation

Nova Banka AD's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jun. 2025 )
=0.50/2.437
=0.21

* 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:

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.

Frequently Asked Questions Learn more about Price-to-Tangible-Book →
What does a Price-to-Tangible-Book of 0.21 mean?
Nova Banka AD (XBLB:NOVB-R-E) has a Price-to-Tangible-Book of 0.21 as of Sep. 21, 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 Nova Banka AD and its competitors.
Is Nova Banka AD's Price-to-Tangible-Book too high?
Nova Banka AD's current Price-to-Tangible-Book is 0.21. The Banks industry median Price-to-Tangible-Book is 1.19. Nova Banka AD's value of 0.21 is 82.4% below this industry median.
How does Nova Banka AD's Price-to-Tangible-Book compare to competitors?
Nova Banka AD's Price-to-Tangible-Book of 0.21 can be compared against companies in the Banks industry. The industry median Price-to-Tangible-Book is 1.19. Nova Banka AD's value of 0.21 is 82.4% 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 1,493 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. Nova Banka AD's current Price-to-Tangible-Book of 0.21 is 82.4% 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 Nova Banka AD 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. Nova Banka AD's current Price-to-Tangible-Book is 0.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nova Banka AD stock overvalued right now?
Nova Banka AD (XBLB:NOVB-R-E) has a current Price-to-Tangible-Book of 0.21. The current Price-to-Tangible-Book is 0.21 and 82.4% below the Banks industry median of 1.19. 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 Nova Banka AD (XBLB:NOVB-R-E), the current Price-to-Tangible-Book is 0.21 as of Sep. 21, 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.

Nova Banka AD Business Description

Address 37A Kralja Alfonsa XIII Street, Banja Luka, BIH, 78 000
Nova Banka AD is engaged in providing banking services. The services include loans, documentary work, deposits and savings, payment transactions and money transfers, and currency exchange transactions. The bank also provides non-banking activities such as broker operations, custody operations, factoring, and forfeiting. Its operating segments include Corporate, Retail, Financial market, and others.