Price to Book ratio Analysis of Lakeland Bancorp Inc - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY PB
Period Ending - Dec-23
Very Good PB
0.749
Period Ending - Dec-22
Very Good PB
0.612
Growth
22.49 %
Trailing Twelve Months PB
Period Ending - Dec-23
Excellent PB
0.291
Most recent Quarter PB
Period Ending - Mar-24
Excellent PB
0.107
PB Analysis of Lakeland Bancorp Inc
| P/B Ratio 0.291 of Lakeland Bancorp Inc shows that company is trading much below Book value and may be attractive buy. |
| PB Ratio of LBAI rose handsomely by 22.49 % this year. |
| PB Ratio with value of 0.938 was highest in Year Dec-19 in last Five Years. |
| PB Ratio with value of 0.612 was lowest in Year Dec-22 in last Five Years. |
| Latest PB Ratio with value of 0.749 is lower than Average PB of 0.802 in last five years. |
Other PB Related Info of LBAI that may interest you.
Lakeland Bancorp Inc Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| LBAI | 13.43 | 13.28 | 1.13 % | Banks-Regional |
Defination of Price to Book
Price to book value essentially determines the value given by the market for each rupee of the company's net worth. Book value refers to how much an investor would receive if the company sold off its assets and paid all its debts. Book value shows the actual value of the company. more ..
PB Related Ratios
| PriceToEarningRatio | PriceToSalesRatio | ReturnOnEquity |
Tsr Value Index
| Mild Value | |
FY - Historical Price to Book of Lakeland Bancorp Inc
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| PB | 0.749 | 0.612 | 0.820 | 0.891 | 0.938 | 1.03 | 1.10 |
| Change | 22.49 % | -25.40 % | -7.96 % | -5.03 % | -8.82 % | -6.34 % | 4.30 % |
FY Chart of Price to Book of Lakeland Bancorp Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)