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Fidelity Bank (NSA:FBP) Price-to-Tangible-Book : 0.68 (As of May. 19, 2024)


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What is Fidelity Bank Price-to-Tangible-Book?

As of today (2024-05-19), Fidelity Bank's share price is ₦8.90. Fidelity Bank's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was ₦13.03. Hence, Fidelity Bank's Price to Tangible Book Ratio of today is 0.68.

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

NSA:FBP' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.13   Med: 0.27   Max: 0.83
Current: 0.68

During the past 13 years, Fidelity Bank's highest Price to Tangible Book Ratio was 0.83. The lowest was 0.13. And the median was 0.27.

NSA:FBP's Price-to-Tangible-Book is ranked better than
72.53% of 1438 companies
in the Banks industry
Industry Median: 0.93 vs NSA:FBP: 0.68

A closely related ratio is called PB Ratio. As of today, Fidelity Bank's share price is ₦8.90. Fidelity Bank's Book Value per Sharefor the quarter that ended in Dec. 2023 was ₦13.67. Hence, Fidelity Bank's P/B Ratio of today is 0.65.


Fidelity Bank Price-to-Tangible-Book Historical Data

The historical data trend for Fidelity Bank'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.

Fidelity Bank Price-to-Tangible-Book Chart

Fidelity Bank 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 0.26 0.27 0.26 0.41 0.83

Fidelity Bank 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 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 0.41 0.48 0.56 0.65 0.83

Competitive Comparison of Fidelity Bank's Price-to-Tangible-Book

For the Banks - Regional subindustry, Fidelity Bank'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.


Fidelity Bank's Price-to-Tangible-Book Distribution in the Banks Industry

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

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



Fidelity Bank Price-to-Tangible-Book Calculation

Fidelity Bank's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=8.90/13.034
=0.68

* 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.


Fidelity Bank Price-to-Tangible-Book Related Terms

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


Fidelity Bank (NSA:FBP) Business Description

Traded in Other Exchanges
N/A
Address
2 Kofo Abayomi Street, Fidelity Place, Victoria Island, Lagos, NGA
Fidelity Bank PLC is a Nigerian based bank that offers banking and other financial services to corporate and individual customers. It operates through segments including Retail banking that offers retail, personal and commercial services to individuals, small and medium business customers and E-Business products to serve retail banking. Its Corporate Banking segment offers commercial and corporate banking services to corporate business customers, it covers the Power and Infrastructure, Oil and Gas Upstream and downstream, Real Estate, Agro-Allied, and other industries. Investment banking segment is involved in the funding and management of the bank's securities, trading, and investment decisions.