Redwood Capital Bancorp (Redwood Capital Bancorp) Price-to-Tangible-Book : 0.89 (As of May. 13, 2024)

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What is Redwood Capital Bancorp Price-to-Tangible-Book?

As of today (2024-05-13), Redwood Capital Bancorp's share price is $20.17. Redwood Capital Bancorp's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $22.62. Hence, Redwood Capital Bancorp's Price to Tangible Book Ratio of today is 0.89.

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

RWCB' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.84 Med: 1 Max: 1.04
Current: 0.89

During the past 7 years, Redwood Capital Bancorp's highest Price to Tangible Book Ratio was 1.04. The lowest was 0.84. And the median was 1.00.

RWCB's Price-to-Tangible-Book is ranked better than
53.37% of 1439 companies
in the Banks industry
Industry Median: 0.93 vs RWCB: 0.89

A closely related ratio is called PB Ratio. As of today, Redwood Capital Bancorp's share price is $20.17. Redwood Capital Bancorp's Book Value per Sharefor the quarter that ended in Dec. 2023 was $23.57. Hence, Redwood Capital Bancorp's P/B Ratio of today is 0.86.

Redwood Capital Bancorp Price-to-Tangible-Book Historical Data

The historical data trend for Redwood Capital Bancorp'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.

Redwood Capital Bancorp Price-to-Tangible-Book Chart

Redwood Capital Bancorp Annual Data

Trend

Dec04

Dec05

Dec06

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

3.52

0.84

1.04

1.00

Redwood Capital Bancorp Semi-Annual Data
	Dec04	Dec05	Dec06	Dec20	Dec21	Dec22	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial			3.52	0.84	1.04	1.00	1.00

Competitive Comparison of Redwood Capital Bancorp's Price-to-Tangible-Book

For the Banks - Regional subindustry, Redwood Capital Bancorp'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.

Redwood Capital Bancorp's Price-to-Tangible-Book Distribution in the Banks Industry

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

* The bar in red indicates where Redwood Capital Bancorp's Price-to-Tangible-Book falls into.

Redwood Capital Bancorp Price-to-Tangible-Book Calculation

Redwood Capital Bancorp's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	20.17	/	22.619
	=	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.

Redwood Capital Bancorp Price-to-Tangible-Book Related Terms

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

Redwood Capital Bancorp (Redwood Capital Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Redwood Capital Bancorp (OTCPK:RWCB) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

402 G Street, Eureka, CA, USA, 95501

Website

https://www.redwoodcapitalbank.com

Redwood Capital Bancorp provides various banking products and services. The company offers personal such as savings and certificates, real estate loans, and home equity loans; business services such as commercial lending, and money market accounts; online banking info, fraud prevention and other services.