Agricultural Development Bank (XGHA:ADB) Price-to-Tangible-Book : 2.70 (As of May. 23, 2024)

View and export this data going back to 2016. Start your Free Trial

What is Agricultural Development Bank Price-to-Tangible-Book?

As of today (2024-05-23), Agricultural Development Bank's share price is GHS5.06. Agricultural Development Bank's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was GHS1.87. Hence, Agricultural Development Bank's Price to Tangible Book Ratio of today is 2.70.

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

XGHA:ADB' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.64 Med: 2.09 Max: 4.63
Current: 2.71

During the past 8 years, Agricultural Development Bank's highest Price to Tangible Book Ratio was 4.63. The lowest was 1.64. And the median was 2.09.

XGHA:ADB's Price-to-Tangible-Book is not ranked
in the Banks industry.
Industry Median: 0.93 vs XGHA:ADB: 2.71

A closely related ratio is called PB Ratio. As of today, Agricultural Development Bank's share price is GHS5.06. Agricultural Development Bank's Book Value per Sharefor the quarter that ended in Sep. 2023 was GHS1.92. Hence, Agricultural Development Bank's P/B Ratio of today is 2.63.

Agricultural Development Bank Price-to-Tangible-Book Historical Data

The historical data trend for Agricultural Development Bank'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.

Agricultural Development Bank Price-to-Tangible-Book Chart

Agricultural Development Bank Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Price-to-Tangible-Book

Get a 7-Day Free Trial

2.25

1.71

2.16

1.93

2.75

Agricultural Development Bank Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Price-to-Tangible-Book	Get a 7-Day Free Trial															1.83	2.75	2.63	2.54	2.70

Competitive Comparison of Agricultural Development Bank's Price-to-Tangible-Book

For the Banks - Regional subindustry, Agricultural Development Bank'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.

Agricultural Development Bank's Price-to-Tangible-Book Distribution in the Banks Industry

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

* The bar in red indicates where Agricultural Development Bank's Price-to-Tangible-Book falls into.

Agricultural Development Bank Price-to-Tangible-Book Calculation

Agricultural Development Bank's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Sep. 2023 )
	=	5.06	/	1.873
	=	2.70

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.

Agricultural Development Bank Price-to-Tangible-Book Related Terms

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

Agricultural Development Bank (XGHA:ADB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Agricultural Development Bank Ltd (XGHA:ADB) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Accra Financial Centre, P.O. Box 4191, Ridge, 3rd Ambassadorial Development Area, Accra, GHA

Website

https://www.agricbank.com

Agricultural Development Bank Ltd is a universal bank offering a full range of banking products and services. The company's operating segment includes Corporate Banking, Retail Banking, and Central Treasurys. Corporate Banking includes loans, deposits, and other transactions and balances with corporate customers including the Agricultural sector. Retail Banking includes loans, deposits, and other transactions and balances with retail customers. The central Treasury segment undertakes the Bank's funding and centralised risk management activities through borrowings, issues of debt securities, use of derivatives for risk management purposes, and investing in liquid assets such as short-term placements and corporate and government debt securities.

Agricultural Development Bank (XGHA:ADB) Headlines

No Headlines