As of today (2024-04-29), Navient's share price is $15.72. Navient's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was $18.55. Hence, Navient's Price to Tangible Book Ratio of today is 0.85.
The historical rank and industry rank for Navient's Price-to-Tangible-Book or its related term are showing as below:
NAVI'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.8 Med: 1.22 Max: 2.27
Current: 0.85
During the past 12 years, Navient's highest Price to Tangible Book Ratio was 2.27. The lowest was 0.80. And the median was 1.22.
NAVI's Price-to-Tangible-Book is ranked better than 62.42% of 495
companies
in the Credit Services industry
Industry Median: 1.07
vs NAVI: 0.85
A closely related ratio is called PB Ratio. As of today, Navient's share price is $15.72. Navient's Book Value per Sharefor the quarter that ended in Mar. 2024 was $24.74. Hence, Navient's P/B Ratio of today is 0.64.
Navient Price-to-Tangible-Book Historical Data
The historical data trend for Navient'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.
Competitive Comparison of Navient's Price-to-Tangible-Book
For the Credit Services subindustry, Navient'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.
Navient's Price-to-Tangible-Book Distribution in the Credit Services Industry
For the Credit Services industry and Financial Services sector, Navient's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Navient's Price-to-Tangible-Book falls into.
Navient Price-to-Tangible-Book Calculation
Navient's price-to-tangible-book ratio for today is calculated as:
* 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.
Navient Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Navient's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Navient Corp is a financial services company that provides education loan management and business processing services to education, healthcare, and government clients at the federal, state, and local levels. The company operates in Delaware, western New York, northern Pennsylvania, Indiana, Tennessee, Texas, and Virginia, among other locations. The company has three primary reportable business segments: Federal Education Loans, Consumer Lending and Business Processing. The company's fourth and other segment relates to financial results of the company's holding company, including activities related to repurchases of debt, corporate liquidity portfolio, and unallocated overhead and regulatory-related costs.
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