Price to Book ratio Analysis of Towne Bank - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY PB
Period Ending - Dec-23
Very Good PB
0.990
Period Ending - Dec-22
Very Poor PB
28.57
Growth
-96.53 %
Trailing Twelve Months PB
Period Ending - Dec-23
Excellent PB
0.263
Most recent Quarter PB
Period Ending - Mar-24
Very Good PB
0.987
PB Analysis of Towne Bank
| P/B Ratio 0.263 of Towne Bank shows that company is trading much below Book value and may be attractive buy. |
| PB Ratio of TOWN drastically fell by -96.53 % this year. |
| PB Ratio with value of 28.57 was highest in Year Dec-22 in last Five Years. |
| PB Ratio with value of 0.990 was lowest in Year Dec-23 in last Five Years. |
| Latest PB Ratio with value of 0.990 is lower than Average PB of 6.58 in last five years. |
Other PB Related Info of TOWN that may interest you.
Towne Bank Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| TOWN | 27.19 | 27.05 | 0.518 % | 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
| Good Value | |
FY - Historical Price to Book of Towne Bank
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| PB | 0.990 | 28.57 | 1.03 | 1.10 | 1.19 | 1.26 | 1.48 |
| Change | -96.53 % | 2674.46 % | -6.63 % | -7.09 % | -5.61 % | -15.32 % | 4.13 % |
FY Chart of Price to Book of Towne Bank
Note : All Data Generated at the End of Trading Hours (EOD Data)