Price to Book ratio Analysis of Parke Bancorp Inc - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY PB
Period Ending - Dec-23
Very Good PB
0.661
Period Ending - Dec-22
Very Good PB
0.690
Growth
-4.18 %
Trailing Twelve Months PB
Period Ending - Dec-23
Excellent PB
0.213
Most recent Quarter PB
Period Ending - Mar-24
Very Good PB
0.653
PB Analysis of Parke Bancorp Inc
| P/B Ratio 0.213 of Parke Bancorp Inc shows that company is trading much below Book value and may be attractive buy. |
| PB Ratio of PKBK has fallen by -4.18 % Compared to previous Financial Year. |
| PB Ratio with value of 1.14 was highest in Year Dec-19 in last Five Years. |
| PB Ratio of PKBK trending down for at least three Years. |
| Latest PB Ratio with value of 0.661 is lower than Average PB of 0.839 in last five years. |
Other PB Related Info of PKBK that may interest you.
Parke Bancorp Inc Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| PKBK | 15.48 | 15.61 | 0.833 % | 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
| No Significant Value | |
FY - Historical Price to Book of Parke Bancorp Inc
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| PB | 0.661 | 0.690 | 0.790 | 0.916 | 1.14 | 1.32 | 1.46 |
| Change | -4.18 % | -12.66 % | -13.81 % | -19.63 % | -13.55 % | -9.77 % | -16.90 % |
FY Chart of Price to Book of Parke Bancorp Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)