Provident Bancorp (Provident Bancorp) Price-to-Tangible-Book

: 0.61 (As of Today)

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As of today (2024-04-18), Provident Bancorp's share price is $7.72. Provident Bancorp's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $12.55. Hence, Provident Bancorp's Price to Tangible Book Ratio of today is 0.61.

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

PVBC' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.61 Med: 1.22 Max: 2.2
Current: 0.62

During the past 11 years, Provident Bancorp's highest Price to Tangible Book Ratio was 2.20. The lowest was 0.61. And the median was 1.22.

PVBC's Price-to-Tangible-Book is ranked better than
75.68% of 1443 companies
in the Banks industry
Industry Median: 0.91 vs PVBC: 0.62

A closely related ratio is called PB Ratio. As of today, Provident Bancorp's share price is $7.72. Provident Bancorp's Book Value per Sharefor the quarter that ended in Dec. 2023 was $12.55. Hence, Provident Bancorp's P/B Ratio of today is 0.61.

Provident Bancorp Price-to-Tangible-Book Historical Data

The historical data trend for Provident Bancorp'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.

Provident Bancorp Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

1.05

0.97

1.42

0.62

0.80

Provident Bancorp 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																0.62	0.57	0.68	0.79	0.80

Competitive Comparison

For the Banks - Regional subindustry, Provident Bancorp'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.

Provident Bancorp Price-to-Tangible-Book Distribution

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

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

Provident Bancorp Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	7.72	/	12.553
	=	0.61

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.

Provident Bancorp Price-to-Tangible-Book Related Terms

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

Provident Bancorp (Provident Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Provident Bancorp Inc (NAS:PVBC) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

5 Market Street, Amesbury, MA, USA, 01913

Website

https://www.bankprov.com

Provident Bancorp Inc provides a range of banking products and services to small and medium-sized commercial customers. It attracts deposits from the general public and uses those funds to originate loans, commercial real estate, construction and land, and commercial business loans, and to invest in securities. The company lending activities include providing commercial real estate loans, multi-family residential real estate loans, commercial business loans, construction and land development loans, one-to four-family residential loans, home equity loans & lines of credit, and consumer loans.

Executives

Joseph Stilwell	10 percent owner	111 BROADWAY, 12TH FLOOR, NEW YORK NY 10006
Stilwell Activist Investments, L.p.	10 percent owner	111 BROADWAY, 12TH FLOOR, NEW YORK NY 10006
Stilwell Activist Fund, L.p.	10 percent owner	111 BROADWAY, 12TH FLOOR, NEW YORK NY 10006
Stilwell Value Llc	10 percent owner	111 BROADWAY, 12TH FLOOR, NEW YORK NY 10006
Stilwell Partners L P	10 percent owner	111 BROADWAY, 12TH FL., NEW YORK NY 10006
Kathleen Chase Curran	director	5 MARKET STREET, AMESBURY MA 01913
Carol L Houle	officer: Co-President, Co-CEO and CFO	5 MARKET STREET, AMESBURY MA 01913
Barbara Piette	director	5 MARKET STREET, AMESBURY MA 01913
Laurie H Knapp	director	5 MARKET STREET, AMESBURY MA 01913
Joseph Mancini	officer: Chief Operating Officer	5 MARKET STREET, AMESBURY MA 01913
Mohammad Shaikh	director	5 MARKET STREET, AMESBURY MA 01913
Cousins Frank G Jr	director	5 MARKET STREET, AMESBURY MA 01913
James A Deleo	director	5 MARKET STREET, AMESBURY MA 01913
Jay E Gould	director	5 MARKET STREET, AMESBURY MA 01913
Lisa Destefano	director	5 MARKET STREET, AMESBURY MA 01913