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As of today (2024-05-21), Berkshire Hills Bancorp's share price is $23.18. Berkshire Hills Bancorp's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was $22.84. Hence, Berkshire Hills Bancorp's Price to Tangible Book Ratio of today is 1.02.
The historical rank and industry rank for Berkshire Hills Bancorp's Price-to-Tangible-Book or its related term are showing as below:
During the past 13 years, Berkshire Hills Bancorp's highest Price to Tangible Book Ratio was 2.00. The lowest was 0.46. And the median was 1.41.
A closely related ratio is called PB Ratio. As of today, Berkshire Hills Bancorp's share price is $23.18. Berkshire Hills Bancorp's Book Value per Sharefor the quarter that ended in Mar. 2024 was $23.26. Hence, Berkshire Hills Bancorp's P/B Ratio of today is 1.00.
The historical data trend for Berkshire Hills Bancorp'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.
Berkshire Hills Bancorp Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Price-to-Tangible-Book | Get a 7-Day Free Trial | 1.49 | 0.77 | 1.22 | 1.45 | 1.10 |
Berkshire Hills Bancorp Quarterly Data | ||||||||||||||||||||
Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | |
Price-to-Tangible-Book | Get a 7-Day Free Trial | 1.14 | 0.96 | 0.94 | 1.10 | 1.00 |
For the Banks - Regional subindustry, Berkshire Hills Bancorp'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.
For the Banks industry and Financial Services sector, Berkshire Hills Bancorp's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Berkshire Hills Bancorp's Price-to-Tangible-Book falls into.
Berkshire Hills Bancorp's price-to-tangible-book ratio for today is calculated as:
Price to Tangible Book | = | Share Price | / | Tangible Book per Share (Q: Mar. 2024 ) |
= | 23.18 | / | 22.837 | |
= | 1.02 |
* 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:
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.
Thank you for viewing the detailed overview of Berkshire Hills Bancorp's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Mary Anne Callahan | director | 24 NORTH STREET, PITTSFIELD MA 01201 |
Nitin J. Mhatre | director, officer: President and CEO | 24 NORTH STREET, PITTSFIELD MA 01201 |
Karyn Polito | director | 24 NORTH STREET, PITTSFIELD MA 01201 |
Jacqueline Courtwright | officer: EVP,Chief HR & Culture Officer | 24 NORTH STREET, PITTSFIELD MA 01201 |
Kevin Conn | officer: SVP, Investors & Corp. Devel | 24 NORTH STREET, PITTSFIELD MA 01201 |
Eric S Rosengren | director | 24 NORTH STREET, PITTSFIELD MA 01201 |
Brett Brbovic | officer: Sr Managing Dir and CAO | 24 NORTH STREET, PITTSFIELD MA 01201 |
R David Rosato | officer: SEVP - Chief Financial Officer | 24 NORTH STREET, PITTSFIELD MA 01201 |
Ashlee Picard Flores | officer: EVP -Chief Compliance Officer | 24 NORTH STREET, PITTSFIELD MA 01201 |
James Cannon Brown | officer: SEVP-Head of Comm'l Banking | 24 NORTH STREET, PITTSFIELD MA 01201 |
Philip Jurgeleit | officer: EVP - Chief Credit Officer | 24 NORTH STREET, PITTSFIELD MA 01201 |
Wm Gordon Prescott | officer: SEVP and General Counsel | 24 NORTH STREET, PITTSFIELD MA 01201 |
Michael Zaitzeff | director | C/O HOLDCO ASSET MANAGEMENT, LP, 441 LEXINGTON AVENUE, 15TH FLOOR, NEW YORK NY 10017 |
Hughes William H Iii | director | 24 NORTH STREET, PITTSFIELD MA 01201 |
Mihir A. Desai | director | 24 NORTH STREET, PITTSFIELD MA 01201 |
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