Price to Book ratio Analysis of Southern States Bancshares Inc - Deep Dive


Latest FY PB
Period Ending - Dec-23

1.08


Very Good PB
Period Ending - Dec-22
1.23

Very Good PB
Growth
-12.31 %
Trailing Twelve Months PB
Period Ending - Dec-23

1.12


Very Good PB
Most recent Quarter PB
Period Ending - Mar-24

1.04


Very Good PB
PB Analysis of Southern States Bancshares Inc
PB Ratio of SSBK has fallen by -12.31 % Compared to previous Financial Year.
PB Ratio with value of 1.76 was highest in Year Dec-19 in last Five Years.
PB Ratio of SSBK trending down for at least three Years.
Latest PB Ratio with value of 1.08 is lower than Average PB of 1.38 in last five years.
Other PB Related Info of SSBK that may interest you.
Southern States Bancshares Inc Overview
CodePricePrevious PricePrice ChangeSector
SSBK25.5725.63 0.234 % Banks-Regional
Fundamental AnalysisTechnical Analysis
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 ..
Price to Book Formula

PB Related Ratios
PriceToEarningRatioPriceToSalesRatioReturnOnEquity

Tsr Value Index
Excellent Value
FY - Historical Price to Book of Southern States Bancshares Inc
PeriodDec-23Dec-22Dec-21Dec-20Dec-19Dec-18
PB1.081.231.261.581.761.74
Change-12.31 %-2.49 %-20.62 %-9.97 %0.824 %
FY Chart of Price to Book of Southern States Bancshares Inc


Note : All Data Generated at the End of Trading Hours (EOD Data)