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First International Bank of Israel (XTAE:FIBI) PB Ratio : 1.21 (As of May. 26, 2024)


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What is First International Bank of Israel 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 (2024-05-26), First International Bank of Israel's share price is ₪145.30. First International Bank of Israel's Book Value per Share for the quarter that ended in Dec. 2023 was ₪120.31. Hence, First International Bank of Israel's PB Ratio of today is 1.21.

Good Sign:

First International Bank of Israel Ltd stock PB Ratio (=1.21) is close to 2-year low of 1.11

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

XTAE:FIBI' s PB Ratio Range Over the Past 10 Years
Min: 0.58   Med: 0.95   Max: 1.57
Current: 1.21

During the past 13 years, First International Bank of Israel's highest PB Ratio was 1.57. The lowest was 0.58. And the median was 0.95.

XTAE:FIBI's PB Ratio is ranked worse than
75.62% of 1460 companies
in the Banks industry
Industry Median: 0.86 vs XTAE:FIBI: 1.21

During the past 12 months, First International Bank of Israel's average Book Value Per Share Growth Rate was 14.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 9.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 8.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 5.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of First International Bank of Israel was 51.50% per year. The lowest was -69.70% per year. And the median was 5.40% per year.

Back to Basics: PB Ratio


First International Bank of Israel PB Ratio Historical Data

The historical data trend for First International Bank of Israel'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.

First International Bank of Israel PB Ratio Chart

First International Bank of Israel 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 1.17 0.93 1.30 1.32 1.25

First International Bank of Israel 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 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 1.32 1.17 1.28 1.42 1.25

Competitive Comparison of First International Bank of Israel's PB Ratio

For the Banks - Regional subindustry, First International Bank of Israel'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.


First International Bank of Israel's PB Ratio Distribution in the Banks Industry

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

* The bar in red indicates where First International Bank of Israel's PB Ratio falls into.



First International Bank of Israel 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.

First International Bank of Israel's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=145.30/120.313
=1.21

* 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.


First International Bank of Israel  (XTAE:FIBI) 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.


First International Bank of Israel PB Ratio Related Terms

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First International Bank of Israel (XTAE:FIBI) Business Description

Traded in Other Exchanges
N/A
Address
42, Rothschild Boulevard, Tel Aviv, ISR, 6688310
First International Bank of Israel Ltd is an Israel-based bank that primarily operates through six segments. The Corporate Banking segment focuses on providing financial services to large corporations in Israel. The Private Banking segment provides banking services to high-net-worth Israeli and foreign resident customers. The Commercial Banking segment serves middle-sized business clients. The Household segment provides relatively low cash volume services to private customers. The Small Business segment primarily serves small businesses. The Financial Management segment carries out asset and liability management activities and others. The company generates almost all of its interest and noninterest income from the Israeli domestic market.

First International Bank of Israel (XTAE:FIBI) Headlines

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