Skyline Bankshares (Skyline Bankshares) Price-to-Tangible-Book : 0.79 (As of May. 02, 2024)

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What is Skyline Bankshares Price-to-Tangible-Book?

As of today (2024-05-02), Skyline Bankshares's share price is $11.15. Skyline Bankshares's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $14.10. Hence, Skyline Bankshares's Price to Tangible Book Ratio of today is 0.79.

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

SLBK' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.75 Med: 0.92 Max: 1.12
Current: 0.79

During the past 9 years, Skyline Bankshares's highest Price to Tangible Book Ratio was 1.12. The lowest was 0.75. And the median was 0.92.

SLBK's Price-to-Tangible-Book is ranked better than
62.36% of 1440 companies
in the Banks industry
Industry Median: 0.92 vs SLBK: 0.79

A closely related ratio is called PB Ratio. As of today, Skyline Bankshares's share price is $11.15. Skyline Bankshares's Book Value per Sharefor the quarter that ended in Dec. 2023 was $14.84. Hence, Skyline Bankshares's P/B Ratio of today is 0.75.

Skyline Bankshares Price-to-Tangible-Book Historical Data

The historical data trend for Skyline Bankshares'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.

Skyline Bankshares Price-to-Tangible-Book Chart

Skyline Bankshares Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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1.03

0.75

0.91

0.93

0.80

Skyline Bankshares Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															0.93	0.87	0.82	0.89	0.80

Competitive Comparison of Skyline Bankshares's Price-to-Tangible-Book

For the Banks - Regional subindustry, Skyline Bankshares'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.

Skyline Bankshares's Price-to-Tangible-Book Distribution in the Banks Industry

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

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

Skyline Bankshares Price-to-Tangible-Book Calculation

Skyline Bankshares's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	11.15	/	14.095
	=	0.79

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

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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.

Skyline Bankshares Price-to-Tangible-Book Related Terms

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

Skyline Bankshares (Skyline Bankshares) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Skyline Bankshares Inc (OTCPK:SLBK) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

101 Jacksonville Circle, Floyd, VA, USA, 24091

Website

https://www.skylinenationalbank.bank

Skyline Bankshares Inc is a bank holding company. The company's product and service portfolio includes regular savings, demand, NOW, money market deposits, individual retirement accounts, and small denomination certificates of deposit. It also offers a variety of secured loans, including commercial lines of credit, commercial term loans, real estate, construction, home equity, consumer, and other loans.