First Abacus Financial Holdings (PHS:FAF) Price-to-Tangible-Book : 0.89 (As of May. 23, 2024)

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What is First Abacus Financial Holdings Price-to-Tangible-Book?

As of today (2024-05-23), First Abacus Financial Holdings's share price is ₱0.60. First Abacus Financial Holdings's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ₱0.67. Hence, First Abacus Financial Holdings's Price to Tangible Book Ratio of today is 0.89.

The historical rank and industry rank for First Abacus Financial Holdings's Price-to-Tangible-Book or its related term are showing as below:

PHS:FAF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.29 Med: 0.65 Max: 1.22
Current: 0.9

During the past 13 years, First Abacus Financial Holdings's highest Price to Tangible Book Ratio was 1.22. The lowest was 0.29. And the median was 0.65.

PHS:FAF's Price-to-Tangible-Book is ranked better than
66.8% of 726 companies
in the Capital Markets industry
Industry Median: 1.365 vs PHS:FAF: 0.90

A closely related ratio is called PB Ratio. As of today, First Abacus Financial Holdings's share price is ₱0.60. First Abacus Financial Holdings's Book Value per Sharefor the quarter that ended in Mar. 2024 was ₱0.69. Hence, First Abacus Financial Holdings's P/B Ratio of today is 0.87.

First Abacus Financial Holdings Price-to-Tangible-Book Historical Data

The historical data trend for First Abacus Financial Holdings'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.

First Abacus Financial Holdings Price-to-Tangible-Book Chart

First Abacus Financial Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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1.14

0.92

0.70

0.69

1.05

First Abacus Financial Holdings 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															0.69	0.66	0.56	1.05	1.01

Competitive Comparison of First Abacus Financial Holdings's Price-to-Tangible-Book

For the Capital Markets subindustry, First Abacus Financial Holdings'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.

First Abacus Financial Holdings's Price-to-Tangible-Book Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, First Abacus Financial Holdings's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where First Abacus Financial Holdings's Price-to-Tangible-Book falls into.

First Abacus Financial Holdings Price-to-Tangible-Book Calculation

First Abacus Financial Holdings's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	0.60	/	0.673
	=	0.89

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.

First Abacus Financial Holdings Price-to-Tangible-Book Related Terms

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

First Abacus Financial Holdings (PHS:FAF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » First Abacus Financial Holdings Corp (PHS:FAF) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Exchange Road, Ortigas Center, Unit 2904-A East Tower, Philippine Stock Exchange Centre, Pasig, PHL, 1600

Website

http://www.firstabacusfinancial.com.ph

First Abacus Financial Holdings Corp is engaged in, through its subsidiaries, stockbroking activities, investment banking, real estate business, and other financial services. The company provides financial advisory services, debt underwriting and loan arrangements service, treasury sales service, and others. Its segments include Securities brokerage; Investment banking; Leasing and others, of which key revenue is generated from the Securities brokerage segment which handles buying and selling of shares of stock, bonds, and other securities.