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EQB (TSX:EQB) Price-to-Tangible-Book : 1.35 (As of May. 13, 2024)


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What is EQB Price-to-Tangible-Book?

As of today (2024-05-13), EQB's share price is C$85.00. EQB's Tangible Book per Share of Jan. 2024 for the quarter that ended in Jan. 2024 was C$62.89. Hence, EQB's Price to Tangible Book Ratio of today is 1.35.

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

TSX:EQB' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.75   Med: 1.14   Max: 1.64
Current: 1.35

During the past 13 years, EQB's highest Price to Tangible Book Ratio was 1.64. The lowest was 0.75. And the median was 1.14.

TSX:EQB's Price-to-Tangible-Book is ranked worse than
74.43% of 1439 companies
in the Banks industry
Industry Median: 0.93 vs TSX:EQB: 1.35

A closely related ratio is called PB Ratio. As of today, EQB's share price is C$85.00. EQB's Book Value per Sharefor the quarter that ended in Jan. 2024 was C$71.34. Hence, EQB's P/B Ratio of today is 1.19.


EQB Price-to-Tangible-Book Historical Data

The historical data trend for EQB'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.

EQB Price-to-Tangible-Book Chart

EQB Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.14 0.83 1.39 1.15 1.32

EQB Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Jan24
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.85 0.99 0.99 1.13 1.47

Competitive Comparison of EQB's Price-to-Tangible-Book

For the Banks - Regional subindustry, EQB'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.


EQB's Price-to-Tangible-Book Distribution in the Banks Industry

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

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



EQB Price-to-Tangible-Book Calculation

EQB's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jan. 2024 )
=85.00/62.891
=1.35

* 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.


EQB Price-to-Tangible-Book Related Terms

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


EQB (TSX:EQB) Business Description

Industry
Traded in Other Exchanges
Address
30 St. Clair Avenue West, Suite 700, Toronto, ON, CAN, M4V 3A1
EQB Inc operates through its wholly owned subsidiary, Equitable Bank, Canada's Challenger BankTM. It serves Canadians through two business lines, Personal Banking and Business Banking. The company differentiates by providing a host of challenger bank deposit services, alternative single-family lending, reverse mortgage lending, insurance lending, Specialized finance, Commercial finance group, Equipment financing, credit union services and trust services.
Executives
Andrew Moor Senior Officer

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