GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Citizens Bancshares Corp (OTCPK:CZBS) » Definitions » Price-to-Tangible-Book

Citizens Bancshares (Citizens Bancshares) Price-to-Tangible-Book : 2.56 (As of Apr. 27, 2024)


View and export this data going back to 1999. Start your Free Trial

What is Citizens Bancshares Price-to-Tangible-Book?

As of today (2024-04-27), Citizens Bancshares's share price is $48.45. Citizens Bancshares's Tangible Book per Share of Sep. 2016 for the quarter that ended in Sep. 2016 was $18.89. Hence, Citizens Bancshares's Price to Tangible Book Ratio of today is 2.56.

The historical rank and industry rank for Citizens Bancshares's Price-to-Tangible-Book or its related term are showing as below:

CZBS's Price-to-Tangible-Book is not ranked *
in the Banks industry.
Industry Median: 0.93
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Citizens Bancshares's share price is $48.45. Citizens Bancshares's Book Value per Sharefor the quarter that ended in Sep. 2016 was $18.89. Hence, Citizens Bancshares's P/B Ratio of today is 2.56.


Citizens Bancshares Price-to-Tangible-Book Historical Data

The historical data trend for Citizens Bancshares's Price-to-Tangible-Book can be seen below:

* 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.

* Premium members only.

Citizens Bancshares Price-to-Tangible-Book Chart

Citizens Bancshares Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.20 0.26 0.38 0.51 0.45

Citizens Bancshares Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.51 0.45 0.35 0.38 0.37

Competitive Comparison of Citizens Bancshares's Price-to-Tangible-Book

For the Banks - Regional subindustry, Citizens Bancshares's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.


Citizens Bancshares's Price-to-Tangible-Book Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Citizens Bancshares's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Citizens Bancshares's Price-to-Tangible-Book falls into.



Citizens Bancshares Price-to-Tangible-Book Calculation

Citizens Bancshares's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Sep. 2016 )
=48.45/18.894
=2.56

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.


Citizens Bancshares Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Citizens Bancshares's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Citizens Bancshares (Citizens Bancshares) Business Description

Traded in Other Exchanges
N/A
Address
230 Peachtree Street NW, Suite 2700, Atlanta, GA, USA, 30303
Citizens Bancshares Corp is a bank holding company. The company provides a range of commercial banking to individual and corporate customers through its subsidiary. The bank offers a range of commercial and consumer deposit accounts, including non-interest-bearing checking accounts, individual retirement accounts, time certificates of deposit and regular savings accounts. Citizens Bancshares engages in a range of lending activities, including consumer/installment loans, mortgage loans, home equity lines of credit, and construction loans and commercial loans.
Executives
Cynthia N Day director, officer: President & CEO 75 PIEDMONT AVE, ATLANTA GA 30303