Town Center Bank IL (Town Center Bank IL) Price-to-Tangible-Book : 0.88 (As of May. 15, 2024)

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What is Town Center Bank IL Price-to-Tangible-Book?

As of today (2024-05-15), Town Center Bank IL's share price is $6.13. Town Center Bank IL's Tangible Book per Share of Jun. 2023 for the quarter that ended in Jun. 2023 was $6.95. Hence, Town Center Bank IL's Price to Tangible Book Ratio of today is 0.88.

The historical rank and industry rank for Town Center Bank IL's Price-to-Tangible-Book or its related term are showing as below:

TCNB' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.46 Med: 0.59 Max: 0.85
Current: 0.85

During the past 11 years, Town Center Bank IL's highest Price to Tangible Book Ratio was 0.85. The lowest was 0.46. And the median was 0.59.

TCNB's Price-to-Tangible-Book is ranked better than
57.12% of 1439 companies
in the Banks industry
Industry Median: 0.93 vs TCNB: 0.85

A closely related ratio is called PB Ratio. As of today, Town Center Bank IL's share price is $6.13. Town Center Bank IL's Book Value per Sharefor the quarter that ended in Jun. 2023 was $6.95. Hence, Town Center Bank IL's P/B Ratio of today is 0.88.

Town Center Bank IL Price-to-Tangible-Book Historical Data

The historical data trend for Town Center Bank IL'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.

Town Center Bank IL Price-to-Tangible-Book Chart

Town Center Bank IL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.55

0.46

0.55

0.46

0.65

Town Center Bank IL Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Dec22	Mar23	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															0.61	0.46	0.49	0.51	0.65

Competitive Comparison of Town Center Bank IL's Price-to-Tangible-Book

For the Banks - Regional subindustry, Town Center Bank IL'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.

Town Center Bank IL's Price-to-Tangible-Book Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Town Center Bank IL's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Town Center Bank IL's Price-to-Tangible-Book falls into.

Town Center Bank IL Price-to-Tangible-Book Calculation

Town Center Bank IL's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Jun. 2023 )
	=	6.13	/	6.954
	=	0.88

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.

Town Center Bank IL Price-to-Tangible-Book Related Terms

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

Town Center Bank IL (Town Center Bank IL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Town Center Bank IL (OTCPK:TCNB) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

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Address

1938 E. Lincoln Highway, Unit 201, New Lenox, IL, USA, 60451

Website

https://www.towncenterbank.com

Town Center Bank IL provides banking products and services to families, businesses, and organizations in Illinois. Its primary deposit products are checking, savings, and term certificate accounts and its primary lending products are residential mortgages, commercial, commercial real estate, construction, land development, and consumer loans. Other financial instruments offered by the bank include loan commitments, credit lines, letters of credit, and overdraft protection.

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