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Clifton Bancorp (Clifton Bancorp) PB Ratio : 1.22 (As of Apr. 25, 2024)


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What is Clifton Bancorp PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-04-25), Clifton Bancorp's share price is $15.65. Clifton Bancorp's Book Value per Share for the quarter that ended in Dec. 2017 was $12.87. Hence, Clifton Bancorp's PB Ratio of today is 1.22.

The historical rank and industry rank for Clifton Bancorp's PB Ratio or its related term are showing as below:

CSBK's PB Ratio is not ranked *
in the Banks industry.
Industry Median: 0.85
* Ranked among companies with meaningful PB Ratio only.

Back to Basics: PB Ratio


Clifton Bancorp PB Ratio Historical Data

The historical data trend for Clifton Bancorp's PB Ratio 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.

Clifton Bancorp PB Ratio Chart

Clifton Bancorp Annual Data
Trend Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.74 1.60 1.05 1.15 1.23

Clifton Bancorp Quarterly Data
Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17
PB Ratio 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 1.29 1.23 1.28 1.29 1.33

Competitive Comparison of Clifton Bancorp's PB Ratio

For the Banks - Regional subindustry, Clifton Bancorp's PB Ratio, along with its competitors' market caps and PB Ratio 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.


Clifton Bancorp's PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Clifton Bancorp's PB Ratio distribution charts can be found below:

* The bar in red indicates where Clifton Bancorp's PB Ratio falls into.



Clifton Bancorp PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Clifton Bancorp's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2017)
=15.65/12.867
=1.22

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


Clifton Bancorp  (NAS:CSBK) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

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


Clifton Bancorp PB Ratio Related Terms

Thank you for viewing the detailed overview of Clifton Bancorp's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Clifton Bancorp (Clifton Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
Clifton Bancorp Inc is a savings and loan holding company. It operates as a community-oriented financial institution offering traditional financial services to consumers and businesses in its market area.
Executives
Michael Lesler officer: EVP & Chief Operating Officer 1433 VAN HOUTEN AVENUE, CLIFTON NJ 07015
Charles J Pivirotto director C/O KEARNY FINANCIAL CORP., 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Paul M Aguggia director, officer: Chairman, President & CEO 1433 VAN HOUTEN AVENUE, CLIFTON NJ 07013
Cynthia Sisco director C/O KEARNY FINANCIAL CORP., 120 PASSAIC AVENUE, FAIRFIELD NJ 07004