Katahdin Bankshares (Katahdin Bankshares) Price-to-Tangible-Book : 0.80 (As of May. 04, 2024)

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What is Katahdin Bankshares Price-to-Tangible-Book?

As of today (2024-05-04), Katahdin Bankshares's share price is $22.00. Katahdin Bankshares's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was $27.43. Hence, Katahdin Bankshares's Price to Tangible Book Ratio of today is 0.80.

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

KTHN' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.7 Med: 0.87 Max: 1.13
Current: 0.8

During the past 13 years, Katahdin Bankshares's highest Price to Tangible Book Ratio was 1.13. The lowest was 0.70. And the median was 0.87.

KTHN's Price-to-Tangible-Book is ranked better than
61.85% of 1439 companies
in the Banks industry
Industry Median: 0.93 vs KTHN: 0.80

A closely related ratio is called PB Ratio. As of today, Katahdin Bankshares's share price is $22.00. Katahdin Bankshares's Book Value per Sharefor the quarter that ended in Mar. 2024 was $27.43. Hence, Katahdin Bankshares's P/B Ratio of today is 0.80.

Katahdin Bankshares Price-to-Tangible-Book Historical Data

The historical data trend for Katahdin Bankshares'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.

Katahdin Bankshares Price-to-Tangible-Book Chart

Katahdin Bankshares Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.09

0.87

1.09

0.97

0.86

Katahdin Bankshares 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															0.82	0.81	0.83	0.86	0.82

Competitive Comparison of Katahdin Bankshares's Price-to-Tangible-Book

For the Banks - Regional subindustry, Katahdin Bankshares'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.

Katahdin Bankshares's Price-to-Tangible-Book Distribution in the Banks Industry

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

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

Katahdin Bankshares Price-to-Tangible-Book Calculation

Katahdin Bankshares's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	22.00	/	27.434
	=	0.80

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

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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.

Katahdin Bankshares Price-to-Tangible-Book Related Terms

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

Katahdin Bankshares (Katahdin Bankshares) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Katahdin Bankshares Corp (OTCPK:KTHN) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

20 Katahdin Lane, P.O. Box 36, Houlton, ME, USA, 04730

Website

https://www.katahdintrust.com

Katahdin Bankshares Corp is a part of the financial services sector. It is a state-chartered commercial bank whose deposits are insured by the Federal Deposit Insurance Corporation. Its primary business is to lend funds and accept deposits from consumers and small businesses in Aroostook and the Portland area. The Bank has full-service branches throughout northern Maine and the greater Bangor and Portland regions. Its key services include personal banking, business banking, and investments.