Abbey Mortgage Bank (NSA:ABBEYBDS) Price-to-Tangible-Book : 2.94 (As of May. 23, 2024)

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What is Abbey Mortgage Bank Price-to-Tangible-Book?

As of today (2024-05-23), Abbey Mortgage Bank's share price is ₦2.46. Abbey Mortgage Bank's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was ₦0.84. Hence, Abbey Mortgage Bank's Price to Tangible Book Ratio of today is 2.94.

The historical rank and industry rank for Abbey Mortgage Bank's Price-to-Tangible-Book or its related term are showing as below:

NSA:ABBEYBDS' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.76 Med: 1.19 Max: 2.94
Current: 2.93

During the past 8 years, Abbey Mortgage Bank's highest Price to Tangible Book Ratio was 2.94. The lowest was 0.76. And the median was 1.19.

NSA:ABBEYBDS's Price-to-Tangible-Book is ranked worse than
94.24% of 1442 companies
in the Banks industry
Industry Median: 0.93 vs NSA:ABBEYBDS: 2.93

A closely related ratio is called PB Ratio. As of today, Abbey Mortgage Bank's share price is ₦2.46. Abbey Mortgage Bank's Book Value per Sharefor the quarter that ended in Dec. 2023 was ₦0.84. Hence, Abbey Mortgage Bank's P/B Ratio of today is 2.91.

Abbey Mortgage Bank Price-to-Tangible-Book Historical Data

The historical data trend for Abbey Mortgage 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.

* Premium members only.

Abbey Mortgage Bank Price-to-Tangible-Book Chart

Abbey Mortgage Bank Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.78

2.03

1.52

2.26

2.65

Abbey Mortgage Bank Semi-Annual Data
	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial			0.78	2.03	1.52	2.26	2.65

Competitive Comparison of Abbey Mortgage Bank's Price-to-Tangible-Book

For the Banks - Regional subindustry, Abbey Mortgage 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.

Abbey Mortgage Bank's Price-to-Tangible-Book Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Abbey Mortgage Bank's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Abbey Mortgage Bank's Price-to-Tangible-Book falls into.

Abbey Mortgage Bank Price-to-Tangible-Book Calculation

Abbey Mortgage Bank's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	2.46	/	0.837
	=	2.94

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.

Abbey Mortgage Bank Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Abbey Mortgage Bank's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

Abbey Mortgage Bank (NSA:ABBEYBDS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Abbey Mortgage Bank PLC (NSA:ABBEYBDS) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

No 23, Karimu Kotun Street, Victoria Island, Lagos, NGA

Website

http://www.abbeymortgagebank.com

Abbey Mortgage Bank PLC provides loan, mortgage and banking services to corporate and individual customers. The Bank's operations are geographically divided into two segments based on its operations within the northern and southern Nigeria The company offers a savings account, deposits, fund management services, personal loan, real estate and mortgage services and construction financing, among others.

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