GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Philippine Business Bank (PHS:PBB) » Definitions » 6-Month Price Index

Philippine Business Bank (PHS:PBB) 6-Month Price Index : 0.98 (As of Jun. 10, 2024)


View and export this data going back to 2013. Start your Free Trial

What is Philippine Business Bank 6-Month Price Index?

6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago. It’s calculated by current share price divided by share price 6-months ago. As of today (2024-06-10), Philippine Business Bank's 6-Month Price Index is 0.98.


Competitive Comparison of Philippine Business Bank's 6-Month Price Index

For the Banks - Regional subindustry, Philippine Business Bank's 6-Month Price Index, along with its competitors' market caps and 6-Month Price Index 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.


Philippine Business Bank  (PHS:PBB) 6-Month Price Index Calculation

6-Month Price Index is calculated as following:

6-Month Price Index=Current Share Price / Share Price 6-Months Ago

* 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.


Philippine Business Bank  (PHS:PBB) 6-Month Price Index Explanation

Price Index (PI) also called momentum. Strategies involving Price Index are also known as momentum strategies as they allow investors to profit from a company’s stock price. 6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago.

The investment strategy for momentum investors is to buy winners and sell losers. That is, buy stocks that performed well and sell stocks that performed poorly in the past.


Philippine Business Bank 6-Month Price Index Related Terms

Thank you for viewing the detailed overview of Philippine Business Bank's 6-Month Price Index provided by GuruFocus.com. Please click on the following links to see related term pages.


Philippine Business Bank (PHS:PBB) Business Description

Traded in Other Exchanges
N/A
Address
350 Rizal Avenue Extension Corner, 8th Avenue, Grace Park, Caloocan City, PHL, 1400
Philippine Business Bank engages in the business of thrift banking. It provides banking and financial services. The company's operating segments are Consumer Banking which includes auto financing, home financing, and salary or personal loans; Corporate Banking which includes term loans, working capital credit lines, bills purchase, and discounting lines; Treasury Operations engages in managing the liquidity of the Bank and its trading and investment activities; and Retail Banking includes the branch banking operations.. The majority of its revenue comes from the Corporate Banking segment.

Philippine Business Bank (PHS:PBB) Headlines

No Headlines