GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Fifth Third Bancorp (FRA:FFH) » Definitions » Price-to-Tangible-Book

Fifth Third Bancorp (FRA:FFH) Price-to-Tangible-Book : 2.48 (As of May. 03, 2024)


View and export this data going back to 1990. Start your Free Trial

What is Fifth Third Bancorp Price-to-Tangible-Book?

As of today (2024-05-03), Fifth Third Bancorp's share price is €34.335. Fifth Third Bancorp's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was €13.83. Hence, Fifth Third Bancorp's Price to Tangible Book Ratio of today is 2.48.

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

FRA:FFH' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.23   Med: 1.65   Max: 2.68
Current: 2.49

During the past 13 years, Fifth Third Bancorp's highest Price to Tangible Book Ratio was 2.68. The lowest was 1.23. And the median was 1.65.

FRA:FFH's Price-to-Tangible-Book is ranked worse than
92.99% of 1440 companies
in the Banks industry
Industry Median: 0.93 vs FRA:FFH: 2.49

A closely related ratio is called PB Ratio. As of today, Fifth Third Bancorp's share price is €34.335. Fifth Third Bancorp's Book Value per Sharefor the quarter that ended in Dec. 2023 was €22.96. Hence, Fifth Third Bancorp's P/B Ratio of today is 1.50.


Fifth Third Bancorp Price-to-Tangible-Book Historical Data

The historical data trend for Fifth Third 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.

* Premium members only.

Fifth Third Bancorp Price-to-Tangible-Book Chart

Fifth Third Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.54 1.20 2.08 2.64 2.27

Fifth Third 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 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 1.87 2.00 2.27 2.27 2.48

Competitive Comparison of Fifth Third Bancorp's Price-to-Tangible-Book

For the Banks - Regional subindustry, Fifth Third 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.


Fifth Third Bancorp's Price-to-Tangible-Book Distribution in the Banks Industry

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

* The bar in red indicates where Fifth Third Bancorp's Price-to-Tangible-Book falls into.



Fifth Third Bancorp Price-to-Tangible-Book Calculation

Fifth Third Bancorp's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=34.335/13.833
=2.48

* 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.


Fifth Third Bancorp Price-to-Tangible-Book Related Terms

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


Fifth Third Bancorp (FRA:FFH) Business Description

Address
38 Fountain Square Plaza, Cincinnati, OH, USA, 45263
Fifth Third Bancorp is a diversified financial-services company headquartered in Cincinnati. The company has over $200 billion in assets and operates numerous full-service banking centers and ATMs throughout Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Georgia, and North Carolina.

Fifth Third Bancorp (FRA:FFH) Headlines

No Headlines