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National Bankshares (National Bankshares) Price-to-Tangible-Book

: 1.22 (As of Today)
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As of today (2024-04-19), National Bankshares's share price is $27.94. National Bankshares's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $22.85. Hence, National Bankshares's Price to Tangible Book Ratio of today is 1.22.

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

NKSH' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.03   Med: 1.46   Max: 2.03
Current: 1.22

During the past 13 years, National Bankshares's highest Price to Tangible Book Ratio was 2.03. The lowest was 1.03. And the median was 1.46.

NKSH's Price-to-Tangible-Book is ranked worse than
68.54% of 1443 companies
in the Banks industry
Industry Median: 0.91 vs NKSH: 1.22

A closely related ratio is called PB Ratio. As of today, National Bankshares's share price is $27.94. National Bankshares's Book Value per Sharefor the quarter that ended in Dec. 2023 was $23.84. Hence, National Bankshares's P/B Ratio of today is 1.17.


National Bankshares Price-to-Tangible-Book Historical Data

The historical data trend for National Bankshares'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.

National Bankshares Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.64 1.03 1.17 2.03 1.42

National Bankshares Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Price-to-Tangible-Book 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 Premium Member Only Premium Member Only Premium Member Only 2.03 1.48 1.40 1.34 1.42

Competitive Comparison

For the Banks - Regional subindustry, National Bankshares'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.


National Bankshares Price-to-Tangible-Book Distribution

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

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



National Bankshares Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=27.94/22.85
=1.22

* 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.


National Bankshares Price-to-Tangible-Book Related Terms

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


National Bankshares (National Bankshares) Business Description

Traded in Other Exchanges
N/A
Address
101 Hubbard Street, Blacksburg, VA, USA, 24062-9002
National Bankshares Inc is a bank holding company of National Bank of Blacksburg, offering a range of financial products and services, including deposit accounts, commercial, consumer, and mortgage loans, credit cards, and trust services. The bank focuses on lending to small and mid-sized businesses and individuals. The types of loans it offers include commercial and agricultural, commercial real estate, construction for commercial and residential properties, residential real estate, home equity, and various consumer loan products. It also operates an insurance and brokerage subsidiary, National Bankshares Financial Services, Inc. The company earns its revenues from interest and fees on loans, non-interest income, and investments.
Executives
Lawrence J Ball director 1811 MOUNTAINSIDE DRIVE, BLACKSBURG VA 24060
F Brad Denardo officer: Corporate Officer 124 MATEER CIRCLE, BLACKSBURG VA 24060
Michael E Dye director PO BOX 346, BLUEFIELD VA 24605
Fitzwater Norman V Iii director 113 MATEER CIRCLE, BLACKSBURG VA 24060
Sanders Bobby D. Ii officer: SVP/Chief Credit Officer 1735 TURNBERRY LANE, RINER VA 24149
John Elliott Dooley director 2131 PLANK DRIVE, BLACKSBURG VA 24060
Green Charles E Iii director 15519 LOOKOUT RIDGE, BRISTOL VA 24202
Lara E Ramsey other: Corporate Secretary 7479 BLUFF VIEW DRIVE, RADFORD VA 24141
Mary G Miller director 715 RICHARDS WAY, WIRTZ VA 24184
Mildred R Johnson director 914 WILLARD DRIVE, BLACKSBURG VA 24060
Lora M. Jones officer: SVP/Chief Financial Officer 301 NEIL STREET, BLACKSBURG VA 24060
Glenn P Reynolds director 206 MATEER CIRCLE, BLACKSBURG VA 24060
Rebecca M Melton officer: SVP/Chief Credit Officer 260 REVOLUTION CIRCLE, CHRISTIANSBURG VA 24073
Jack M Lewis director 3696 CONSERVATION TRAIL, THE VILLAGES FL 32163
James Carroll Thompson director PO BOX 298, TAZEWLL VA 24651

National Bankshares (National Bankshares) Headlines