Joint Stock Commercial Bank for Investment and Development of Vietnam (STC:BID) Price-to-Tangible-Book : 2.32 (As of May. 14, 2024)

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What is Joint Stock Commercial Bank for Investment and Development of Vietnam Price-to-Tangible-Book?

As of today (2024-05-14), Joint Stock Commercial Bank for Investment and Development of Vietnam's share price is ₫48600.00. Joint Stock Commercial Bank for Investment and Development of Vietnam's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ₫20,929.28. Hence, Joint Stock Commercial Bank for Investment and Development of Vietnam's Price to Tangible Book Ratio of today is 2.32.

The historical rank and industry rank for Joint Stock Commercial Bank for Investment and Development of Vietnam's Price-to-Tangible-Book or its related term are showing as below:

STC:BID' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.19 Med: 2.1 Max: 3.41
Current: 2.32

During the past 13 years, Joint Stock Commercial Bank for Investment and Development of Vietnam's highest Price to Tangible Book Ratio was 3.41. The lowest was 1.19. And the median was 2.10.

STC:BID's Price-to-Tangible-Book is ranked worse than
91.66% of 1439 companies
in the Banks industry
Industry Median: 0.93 vs STC:BID: 2.32

A closely related ratio is called PB Ratio. As of today, Joint Stock Commercial Bank for Investment and Development of Vietnam's share price is ₫48600.00. Joint Stock Commercial Bank for Investment and Development of Vietnam's Book Value per Sharefor the quarter that ended in Mar. 2024 was ₫21,745.96. Hence, Joint Stock Commercial Bank for Investment and Development of Vietnam's P/B Ratio of today is 2.23.

Joint Stock Commercial Bank for Investment and Development of Vietnam Price-to-Tangible-Book Historical Data

The historical data trend for Joint Stock Commercial Bank for Investment and Development of Vietnam'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.

Joint Stock Commercial Bank for Investment and Development of Vietnam Price-to-Tangible-Book Chart

Joint Stock Commercial Bank for Investment and Development of Vietnam Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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2.64

2.67

2.38

2.06

2.19

Joint Stock Commercial Bank for Investment and Development of Vietnam 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															2.32	2.09	2.04	2.19	2.49

Competitive Comparison of Joint Stock Commercial Bank for Investment and Development of Vietnam's Price-to-Tangible-Book

For the Banks - Regional subindustry, Joint Stock Commercial Bank for Investment and Development of Vietnam'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.

Joint Stock Commercial Bank for Investment and Development of Vietnam's Price-to-Tangible-Book Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Joint Stock Commercial Bank for Investment and Development of Vietnam's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Joint Stock Commercial Bank for Investment and Development of Vietnam's Price-to-Tangible-Book falls into.

Joint Stock Commercial Bank for Investment and Development of Vietnam Price-to-Tangible-Book Calculation

Joint Stock Commercial Bank for Investment and Development of Vietnam's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	48600.00	/	20929.281
	=	2.32

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.

Joint Stock Commercial Bank for Investment and Development of Vietnam Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Joint Stock Commercial Bank for Investment and Development of Vietnam's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

Joint Stock Commercial Bank for Investment and Development of Vietnam (STC:BID) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Joint Stock Commercial Bank for Investment and Development of Vietnam (STC:BID) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

BIDV Tower, 35 Hang Voi, Hoan Kiem, Hanoi, VNM

Website

http://www.bidv.com.vn

Joint Stock Commercial Bank for Investment and Development of Vietnam is one of the leading commercial banks based in Vietnam. It is a leading provider of products and modern banking services and utilities such as loans, deposits, savings and current account. Its secondary offerings include insurance products of all types such as life and non-life insurance. Its add on services include a variety of brokerage services, investment advice and contribution to established enterprises to invest various projects. The bank's distribution network spans predominantly across Vietnam and a few countries abroad such as Laos, Cambodia, Myanmar, Russia and Czech Republic.