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Union Bank of Nigeria (NSA:UBNP) Price-to-Tangible-Book : 0.65 (As of Jun. 11, 2024)


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What is Union Bank of Nigeria Price-to-Tangible-Book?

As of today (2024-06-11), Union Bank of Nigeria's share price is ₦6.65. Union Bank of Nigeria's Tangible Book per Share of Mar. 2023 for the quarter that ended in Mar. 2023 was ₦10.21. Hence, Union Bank of Nigeria's Price to Tangible Book Ratio of today is 0.65.

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

NSA:UBNP's Price-to-Tangible-Book is not ranked *
in the Banks industry.
Industry Median: 0.91
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Union Bank of Nigeria's share price is ₦6.65. Union Bank of Nigeria's Book Value per Sharefor the quarter that ended in Mar. 2023 was ₦10.33. Hence, Union Bank of Nigeria's P/B Ratio of today is 0.64.


Union Bank of Nigeria Price-to-Tangible-Book Historical Data

The historical data trend for Union Bank of Nigeria'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.

Union Bank of Nigeria Price-to-Tangible-Book Chart

Union Bank of Nigeria Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.76 0.73 0.62 0.69 0.65

Union Bank of Nigeria Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 0.68 0.67 0.70 0.65 0.69

Competitive Comparison of Union Bank of Nigeria's Price-to-Tangible-Book

For the Banks - Regional subindustry, Union Bank of Nigeria'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.


Union Bank of Nigeria's Price-to-Tangible-Book Distribution in the Banks Industry

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

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



Union Bank of Nigeria Price-to-Tangible-Book Calculation

Union Bank of Nigeria's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2023 )
=6.65/10.214
=0.65

* 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.


Union Bank of Nigeria Price-to-Tangible-Book Related Terms

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


Union Bank of Nigeria (NSA:UBNP) Business Description

Traded in Other Exchanges
N/A
Address
Stallion Plaza, 36 Marina, Lagos, NGA, 2027
Union Bank of Nigeria PLC is a banking corporation. The principal activity of the Bank is the provision of banking and related financial services to corporate and individual customers. The company offers flexible current and savings accounts, cash management, trade finance, credit solutions, and treasury solutions. The company also provides personal loans, overdrafts, and advances to individuals as well as small and medium enterprises and corporates. The Bank also provides treasury services to high-net-worth individuals, commercial clients, corporates, and nonbanking financial institutions. The bank manages its business in four segments namely Retail Bank, Commercial Bank, Corporate Bank, and Treasury.

Union Bank of Nigeria (NSA:UBNP) Headlines

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