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Synchrony Financial (Synchrony Financial) Price-to-Tangible-Book : 1.49 (As of May. 02, 2024)


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What is Synchrony Financial Price-to-Tangible-Book?

As of today (2024-05-02), Synchrony Financial's share price is $45.25. Synchrony Financial's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was $30.36. Hence, Synchrony Financial's Price to Tangible Book Ratio of today is 1.49.

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

SYF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.05   Med: 1.88   Max: 2.75
Current: 1.49

During the past 13 years, Synchrony Financial's highest Price to Tangible Book Ratio was 2.75. The lowest was 1.05. And the median was 1.88.

SYF's Price-to-Tangible-Book is ranked worse than
61.82% of 495 companies
in the Credit Services industry
Industry Median: 1.08 vs SYF: 1.49

A closely related ratio is called PB Ratio. As of today, Synchrony Financial's share price is $45.25. Synchrony Financial's Book Value per Sharefor the quarter that ended in Mar. 2024 was $35.03. Hence, Synchrony Financial's P/B Ratio of today is 1.29.


Synchrony Financial Price-to-Tangible-Book Historical Data

The historical data trend for Synchrony Financial'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.

Synchrony Financial Price-to-Tangible-Book Chart

Synchrony Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.85 2.08 2.30 1.40 1.37

Synchrony Financial 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 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 1.24 1.37 1.18 1.37 1.42

Competitive Comparison of Synchrony Financial's Price-to-Tangible-Book

For the Credit Services subindustry, Synchrony Financial'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.


Synchrony Financial's Price-to-Tangible-Book Distribution in the Credit Services Industry

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

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



Synchrony Financial Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=45.25/30.36
=1.49

* 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.


Synchrony Financial Price-to-Tangible-Book Related Terms

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


Synchrony Financial (Synchrony Financial) Business Description

Address
777 Long Ridge Road, Stamford, CT, USA, 06902
Synchrony Financial, originally a spinoff of GE Capital's retail financing business, is the largest provider of private-label credit cards in the United States by both outstanding receivables and purchasing volume. Synchrony partners with other firms to market its credit products in their physical stores as well as on their websites and mobile applications. Synchrony operates through three segments: retail card (private-label and co-branded general-purpose credit cards), payment solutions (promotional financing for large ticket purchases), and CareCredit (financing for elective healthcare procedures).
Executives
Carol Juel officer: See remarks 777 LONG RIDGE ROAD, C/O CORPORATE SECRETARY, STAMFORD CT 06902
Bart Schaller officer: See remarks 777 LONG RIDGE ROAD, C/O CORPORATE SECRETARY, STAMFORD CT 06902
David P Melito officer: See Remarks 777 LONG RIDGE ROAD, SYNCHRONY FINANCIAL C/O CORP. SECRETARY, STAMFORD CT 06902
Brian D Doubles officer: See Remarks 777 LONG RIDGE ROAD, SYNCHRONY FINANCIAL C/O CORP. SECRETARY, STAMFORD CT 06902
Jonathan S Mothner officer: See Remarks 777 LONG RIDGE ROAD, SYNCHRONY FINANCIAL C/O CORP. SECRETARY, STAMFORD CT 06902
Maran Nalluswami officer: See remarks 777 LONG RIDGE ROAD, C/O CORPORATE SECRETARY, STAMFORD CT 06902
Wenzel Brian J. Sr. officer: See remarks 777 LONG RIDGE ROAD, C/O CORPORATE SECRETARY, STAMFORD CT 06902
Alberto Casellas officer: See remarks 777 LONG RIDGE ROAD, C/O CORPORATE SECRETARY, STAMFORD CT 06902
Margaret M Keane director, officer: President and CEO 777 LONG RIDGE ROAD, SYNCHRONY FINANCIAL C/O CORP. SECRETARY, STAMFORD CT 06902
Kamila K Chytil director 2828 N. HARWOOD STREET, 15TH FLOOR, DALLAS TX 75201
Curtis Howse officer: See remarks 777 LONG RIDGE ROAD, C/O CORPORATE SECRETARY, STAMFORD CT 06902
Paul Whynott officer: See remarks 777 LONG RIDGE ROAD, SYNCHRONY FINANCIAL C/O CORP. SECRETARY, STAMFORD CT 06902
Thomas M Quindlen officer: See Remarks 777 LONG RIDGE ROAD, SYNCHRONY FINANCIAL C/O CORP. SECRETARY, STAMFORD CT 06902
Henry F Greig officer: See Remarks 777 LONG RIDGE ROAD, SYNCHRONY FINANCIAL C/O CORP. SECRETARY, STAMFORD CT 06902
P.w. Parker director U.S. BANCORP, 800 NICOLLET MALL, MINNEAPOLIS MN 55402

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