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Provident Bancorp (Provident Bancorp) PB Ratio

: 0.64 (As of Today)
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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 (2024-04-24), Provident Bancorp's share price is $8.08. Provident Bancorp's Book Value per Share for the quarter that ended in Dec. 2023 was $12.55. Hence, Provident Bancorp's PB Ratio of today is 0.64.

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

PVBC' s PB Ratio Range Over the Past 10 Years
Min: 0.54   Med: 1.27   Max: 2.35
Current: 0.65

During the past 11 years, Provident Bancorp's highest PB Ratio was 2.35. The lowest was 0.54. And the median was 1.27.

PVBC's PB Ratio is ranked better than
73.63% of 1460 companies
in the Banks industry
Industry Median: 0.85 vs PVBC: 0.65

During the past 12 months, Provident Bancorp's average Book Value Per Share Growth Rate was 6.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 0.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -0.50% per year.

During the past 11 years, the highest 3-Year average Book Value Per Share Growth Rate of Provident Bancorp was 6.90% per year. The lowest was -0.30% per year. And the median was 0.75% per year.

Back to Basics: PB Ratio


Provident Bancorp PB Ratio Historical Data

The historical data trend for Provident Bancorp'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.

Provident Bancorp 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 1.05 0.97 1.42 0.62 0.80

Provident Bancorp 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 0.62 0.57 0.68 0.79 0.80

Competitive Comparison

For the Banks - Regional subindustry, Provident Bancorp'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.


Provident Bancorp PB Ratio Distribution

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

* The bar in red indicates where Provident Bancorp's PB Ratio falls into.



Provident Bancorp 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.

Provident Bancorp's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=8.08/12.553
=0.64

* 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.


Provident Bancorp  (NAS:PVBC) 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.


Provident Bancorp PB Ratio Related Terms

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


Provident Bancorp (Provident Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
5 Market Street, Amesbury, MA, USA, 01913
Provident Bancorp Inc provides a range of banking products and services to small and medium-sized commercial customers. It attracts deposits from the general public and uses those funds to originate loans, commercial real estate, construction and land, and commercial business loans, and to invest in securities. The company lending activities include providing commercial real estate loans, multi-family residential real estate loans, commercial business loans, construction and land development loans, one-to four-family residential loans, home equity loans & lines of credit, and consumer loans.
Executives
Joseph Stilwell 10 percent owner 111 BROADWAY, 12TH FLOOR, NEW YORK NY 10006
Stilwell Activist Investments, L.p. 10 percent owner 111 BROADWAY, 12TH FLOOR, NEW YORK NY 10006
Stilwell Activist Fund, L.p. 10 percent owner 111 BROADWAY, 12TH FLOOR, NEW YORK NY 10006
Stilwell Value Llc 10 percent owner 111 BROADWAY, 12TH FLOOR, NEW YORK NY 10006
Stilwell Partners L P 10 percent owner 111 BROADWAY, 12TH FL., NEW YORK NY 10006
Kathleen Chase Curran director 5 MARKET STREET, AMESBURY MA 01913
Carol L Houle officer: Co-President, Co-CEO and CFO 5 MARKET STREET, AMESBURY MA 01913
Barbara Piette director 5 MARKET STREET, AMESBURY MA 01913
Laurie H Knapp director 5 MARKET STREET, AMESBURY MA 01913
Joseph Mancini officer: Chief Operating Officer 5 MARKET STREET, AMESBURY MA 01913
Mohammad Shaikh director 5 MARKET STREET, AMESBURY MA 01913
Cousins Frank G Jr director 5 MARKET STREET, AMESBURY MA 01913
James A Deleo director 5 MARKET STREET, AMESBURY MA 01913
Jay E Gould director 5 MARKET STREET, AMESBURY MA 01913
Lisa Destefano director 5 MARKET STREET, AMESBURY MA 01913