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Associated Banc-Corp (Associated Banc-Corp) PB Ratio : 0.85 (As of May. 08, 2024)


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What is Associated Banc-Corp PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-05-08), Associated Banc-Corp's share price is $22.32. Associated Banc-Corp's Book Value per Share for the quarter that ended in Mar. 2024 was $26.37. Hence, Associated Banc-Corp's PB Ratio of today is 0.85.

The historical rank and industry rank for Associated Banc-Corp's PB Ratio or its related term are showing as below:

ASB' s PB Ratio Range Over the Past 10 Years
Min: 0.5   Med: 0.96   Max: 1.4
Current: 0.85

During the past 13 years, Associated Banc-Corp's highest PB Ratio was 1.40. The lowest was 0.50. And the median was 0.96.

ASB's PB Ratio is ranked better than
52.4% of 1458 companies
in the Banks industry
Industry Median: 0.86 vs ASB: 0.85

During the past 12 months, Associated Banc-Corp's average Book Value Per Share Growth Rate was 1.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 2.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 3.90% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 4.70% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Associated Banc-Corp was 38.90% per year. The lowest was -21.00% per year. And the median was 5.20% per year.

Back to Basics: PB Ratio


Associated Banc-Corp PB Ratio Historical Data

The historical data trend for Associated Banc-Corp's PB Ratio 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.

Associated Banc-Corp PB Ratio Chart

Associated Banc-Corp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.95 0.70 0.88 0.91 0.81

Associated Banc-Corp Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
PB Ratio 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 0.69 0.62 0.66 0.81 0.82

Competitive Comparison of Associated Banc-Corp's PB Ratio

For the Banks - Regional subindustry, Associated Banc-Corp's PB Ratio, along with its competitors' market caps and PB Ratio 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.


Associated Banc-Corp's PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Associated Banc-Corp's PB Ratio distribution charts can be found below:

* The bar in red indicates where Associated Banc-Corp's PB Ratio falls into.



Associated Banc-Corp PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Associated Banc-Corp's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=22.32/26.367
=0.85

* 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 Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


Associated Banc-Corp  (NYSE:ASB) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Associated Banc-Corp PB Ratio Related Terms

Thank you for viewing the detailed overview of Associated Banc-Corp's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Associated Banc-Corp (Associated Banc-Corp) Business Description

Traded in Other Exchanges
Address
433 Main Street, Green Bay, WI, USA, 54301
Associated Banc-Corp is a bank holding company. The company through its subsidiaries provides a broad array of banking and nonbanking products and services to individuals and businesses. The company operates in three reportable segments; Corporate and Commercial Specialty; Community, Consumer, and Business; and Risk Management and Shared Services. The majority of its revenue is derived from the Corporate and Commercial Specialty and Community, Consumer, and Business segments.
Executives
John A. Utz officer: Executive Vice President ASSOCIATED BANC-CORP, 433 MAIN STREET, GREEN BAY WI 54301
David L Stein officer: Executive Vice President 433 MAIN STREET, GREEN BAY WI 54301
Jayne C Hladio officer: EVP, President Private Wealth C/O ASSOCIATED BANC-CORP, 433 MAIN STREET, GREEN BAY WI 54301
Randall J. Erickson officer: Executive Vice President C/O ASSOCIATED BANC-CORP, 1200 HANSEN ROAD, GREEN BAY WI 54304
Michael J Haddad director C/O ASSOCIATED BANC CORP, 433 MAIN STREET, GREEN BAY WI 54301
Andrew J Harmening director, officer: President & CEO ASSOCIATED BANC-CORP, 433 MAIN STREET, GREEN BAY WI 54301
Karen Beckwith director 433 MAIN STREET, C/O ASSOCIATED BANC-CORP, GREEN BAY WI 54301
Eileen A Kamerick director 200 NORTH ADAMS STREET, GREEN BAY WI 54301
John B Williams director C/O ASSOCIATED BANC-CORP, 433 MAIN STREET, GREEN BAY WI 54301
Terry Lynn Williams officer: Chief Information Officer C/O ASSOCIATED BANC CORP, 433 MAIN STREET, GREEN BAY WI 54301
Tammy C. Stadler officer: Principal Accounting Officer 330 E. KILBOURN, SUITE 200, MILWAUKEE WI 53202
Derek S. Meyer officer: EVP, Chief Financial Officer C/O ASSOCIATED BANC-CORP, 433 MAIN STREET, GREEN BAY WI 54301
Bryan Carson officer: Executive Vice President C/O ASSOCIATED BANC-CORP, 433 MAIN STREET, GREEN BAY WI 54301
Matthew R Braeger officer: Executive Vice President 433 MAIN STREET, GREEN BAY WI 54301
John P Thayer officer: Executive Vice President C/O ASSOCIATED BANC-CORP, 433 MAIN STREET, GREEN BAY WI 54301