Citizens Financial Group (Citizens Financial Group) Price-to-Tangible-Book

: 1.13 (As of Today)

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As of today (2024-04-19), Citizens Financial Group's share price is $33.99. Citizens Financial Group's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $29.98. Hence, Citizens Financial Group's Price to Tangible Book Ratio of today is 1.13.

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

CFG' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.06 Med: 1.21 Max: 1.57
Current: 1.16

During the past 13 years, Citizens Financial Group's highest Price to Tangible Book Ratio was 1.57. The lowest was 1.06. And the median was 1.21.

CFG's Price-to-Tangible-Book is ranked worse than
62.72% of 1443 companies
in the Banks industry
Industry Median: 0.91 vs CFG: 1.16

A closely related ratio is called PB Ratio. As of today, Citizens Financial Group's share price is $33.99. Citizens Financial Group's Book Value per Sharefor the quarter that ended in Dec. 2023 was $47.87. Hence, Citizens Financial Group's P/B Ratio of today is 0.71.

Citizens Financial Group Price-to-Tangible-Book Historical Data

The historical data trend for Citizens Financial Group'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.

Array ( [0] => - [1] => - [2] => - [3] => - [4] => - [5] => 1.29 [6] => 1.12 [7] => 1.40 [8] => 1.46 [9] => 1.11 )

Citizens Financial Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

1.29

1.12

1.40

1.46

1.11

Citizens Financial Group 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																1.06	0.94	1.00	1.11	-

Competitive Comparison

For the Banks - Regional subindustry, Citizens Financial Group'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.

Citizens Financial Group Price-to-Tangible-Book Distribution

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

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

Citizens Financial Group Price-to-Tangible-Book Calculation

Citizens Financial Group's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	33.99	/	29.98
	=	1.13

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.

Citizens Financial Group Price-to-Tangible-Book Related Terms

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

Citizens Financial Group (Citizens Financial Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Citizens Financial Group Inc (NYSE:CFG) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

CFGpE.PFD:USA CFGpD.PFD:USA 1C5:Germany 1C5:Germany C1FG34:Brazil

Address

One Citizens Plaza, Providence, RI, USA, RI 02903

Website

https://www.citizensbank.com

Citizens Financial Group is a bank holding company headquartered in Providence, Rhode Island. Its two primary business segments are consumer banking and commercial banking. Citizens offers a mix of retail and commercial products including capital markets and wealth options. The bank has over 1,000 branches in 14 states, although it is primarily concentrated in the Northeast. It has over $220 billion of total assets.

Executives

Terrance J. Lillis	director	C/O CITIZENS FINANCIAL GROUP, INC., 600 WASHINGTON BLVD., STAMFORD CT 06901
Shivan S. Subramaniam	director	CITIZENS FINANCIAL GROUP, INC., 600 WASHINGTON BLVD., CS119N, STAMFORD CT 06901
Kevin Cummings	director	101 JFK PARKWAY, SHORT HILLS NJ 07078
Michele N Siekerka	director	101 JFK PARKWAY, SHORT HILLS NJ 07078
Polly N. Klane	officer: General Counsel	C/O CITIZENS FINANCIAL GROUP, INC., 600 WASHINGTON BLVD., STAMFORD CT 06901
Michael Ruttledge	officer: Chief Information Officer	CITIZENS FINANCIAL GROUP, INC., 600 WASHINGTON BLVD., STAMFORD CT 06901
Lee Alexander	director	CITIZENS FINANCIAL GROUP, INC., 600 WASHINGTON BLVD. 11TH FLOOR, STAMFORD CT 06901
Christopher Swift	director	HARBORSIDE FINANCIAL CENTER, 3200 PLAZA 5, JERSEY CITY NJ 07311
Brendan Coughlin	officer: Head of Consumer Banking	CITIZENS FINANCIAL GROUP, INC, 600 WASHINGTON BLVD. 11TH FLOOR, STAMFORD CT 06901
William P Hankowsky	director	C/O LIBERTY PROPERTY TRUST, 65 VALLEY STREAM PARKWAY, MALVERN PA 19355
Robert G Leary	director	CITIZENS FINANCIAL GROUP, INC., 600 WASHINGTON BLVD,, STAMFORD CT 06901
Charles John Koch	director	CITIZENS FINANCIAL GROUP, INC., 600 WASHINGTON BLVD., CS119N, STAMFORD CT 06901
Higdon Leo I Jr	director	1700 LINCOLN STREET, 28TH FLOOR, DENVER CO 80203
Elizabeth S. Johnson	officer: Chief Experience Officer	CITIZENS FINANCIAL GROUP, INC., 600 WASHINGTON BLVD., STAMFORD CT 06901
Susan Lamonica	officer: Chief Human Resources Officer	CITIZENS FINANCIAL GROUP, INC., 600 WASHINGTON BLVD. 11TH FLOOR, STAMFORD CT 06901