Pan Asia Banking (COL:PABC.N0000) Price-to-Tangible-Book : 0.46 (As of May. 12, 2024)

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What is Pan Asia Banking Price-to-Tangible-Book?

As of today (2024-05-12), Pan Asia Banking's share price is රු23.40. Pan Asia Banking's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was රු50.93. Hence, Pan Asia Banking's Price to Tangible Book Ratio of today is 0.46.

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

COL:PABC.N0000' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.2 Med: 0.49 Max: 1.63
Current: 0.46

During the past 13 years, Pan Asia Banking's highest Price to Tangible Book Ratio was 1.63. The lowest was 0.20. And the median was 0.49.

COL:PABC.N0000's Price-to-Tangible-Book is ranked better than
85.19% of 1438 companies
in the Banks industry
Industry Median: 0.93 vs COL:PABC.N0000: 0.46

A closely related ratio is called PB Ratio. As of today, Pan Asia Banking's share price is රු23.40. Pan Asia Banking's Book Value per Sharefor the quarter that ended in Mar. 2024 was රු51.63. Hence, Pan Asia Banking's P/B Ratio of today is 0.45.

Pan Asia Banking Price-to-Tangible-Book Historical Data

The historical data trend for Pan Asia Banking'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.

Pan Asia Banking Price-to-Tangible-Book Chart

Pan Asia Banking Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.43

0.38

0.21

0.38

Pan Asia Banking 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															0.27	0.27	0.42	0.38	0.42

Competitive Comparison of Pan Asia Banking's Price-to-Tangible-Book

For the Banks - Regional subindustry, Pan Asia Banking'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.

Pan Asia Banking's Price-to-Tangible-Book Distribution in the Banks Industry

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

* The bar in red indicates where Pan Asia Banking's Price-to-Tangible-Book falls into.

Pan Asia Banking Price-to-Tangible-Book Calculation

Pan Asia Banking's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	23.40	/	50.932
	=	0.46

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.

Pan Asia Banking Price-to-Tangible-Book Related Terms

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

Pan Asia Banking (COL:PABC.N0000) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Pan Asia Banking Corp PLC (COL:PABC.N0000) » Definitions » Price-to-Tangible-Book

Traded in Other Exchanges

N/A

Address

No. 450, Galle Road, Colombo, LKA, 03

Website

https://www.pabcbank.com

Pan Asia Banking Corp PLC operates as a bank which is engaged in providing banking products and services. It provides services including corporate banking, retail banking, and treasury functions. The business segments of the company are Corporate Banking which includes loans, overdrafts, other credit facilities, deposits, current accounts and other services offered to corporate customers; Retail and SME Banking, which includes loans, overdrafts, credit card facilities, deposits, current accounts and other services offered to retail customers; and Treasury and investment function includes trading function, financing and other central functions, use of derivative for risk management purpose, investment products, and services to institutional investors and intermediaries.

Pan Asia Banking (COL:PABC.N0000) Headlines

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