Fidelity Bank (NSA:FBP) PB Ratio : 0.61 (As of May. 25, 2024)

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What is Fidelity Bank 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 (2024-05-25), Fidelity Bank's share price is ₦8.30. Fidelity Bank's Book Value per Share for the quarter that ended in Dec. 2023 was ₦13.67. Hence, Fidelity Bank's PB Ratio of today is 0.61.

The historical rank and industry rank for Fidelity Bank's PB Ratio or its related term are showing as below:

NSA:FBP' s PB Ratio Range Over the Past 10 Years
Min: 0.12 Med: 0.27 Max: 1.04
Current: 0.6

During the past 13 years, Fidelity Bank's highest PB Ratio was 1.04. The lowest was 0.12. And the median was 0.27.

NSA:FBP's PB Ratio is ranked better than
75.34% of 1460 companies
in the Banks industry
Industry Median: 0.86 vs NSA:FBP: 0.60

During the past 12 months, Fidelity Bank's average Book Value Per Share Growth Rate was 25.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 13.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 13.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 8.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Fidelity Bank was 13.60% per year. The lowest was 1.90% per year. And the median was 7.10% per year.

Back to Basics: PB Ratio

Fidelity Bank PB Ratio Historical Data

The historical data trend for Fidelity Bank'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.

Fidelity Bank PB Ratio Chart

Fidelity Bank Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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0.25

0.27

0.26

0.40

0.79

Fidelity Bank Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
PB Ratio	Get a 7-Day Free Trial															0.40	0.47	0.55	0.65	0.79

Competitive Comparison of Fidelity Bank's PB Ratio

For the Banks - Regional subindustry, Fidelity Bank'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.

Fidelity Bank's PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Fidelity Bank's PB Ratio distribution charts can be found below:

* The bar in red indicates where Fidelity Bank's PB Ratio falls into.

Fidelity Bank 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.

Fidelity Bank's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	8.30	/	13.666
	=	0.61

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

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.

Fidelity Bank (NSA:FBP) 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.

Fidelity Bank PB Ratio Related Terms

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

Fidelity Bank (NSA:FBP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Fidelity Bank PLC (NSA:FBP) » Definitions » PB Ratio

Traded in Other Exchanges

N/A

Address

2 Kofo Abayomi Street, Fidelity Place, Victoria Island, Lagos, NGA

Website

https://www.fidelitybank.ng

Fidelity Bank PLC is a Nigerian based bank that offers banking and other financial services to corporate and individual customers. It operates through segments including Retail banking that offers retail, personal and commercial services to individuals, small and medium business customers and E-Business products to serve retail banking. Its Corporate Banking segment offers commercial and corporate banking services to corporate business customers, it covers the Power and Infrastructure, Oil and Gas Upstream and downstream, Real Estate, Agro-Allied, and other industries. Investment banking segment is involved in the funding and management of the bank's securities, trading, and investment decisions.