Northway Financial (Northway Financial) Price-to-Tangible-Book : 0.80 (As of May. 09, 2024)

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What is Northway Financial Price-to-Tangible-Book?

As of today (2024-05-09), Northway Financial's share price is $18.35. Northway Financial's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $23.01. Hence, Northway Financial's Price to Tangible Book Ratio of today is 0.80.

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

NWYF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.7 Med: 1.02 Max: 1.22
Current: 0.8

During the past 13 years, Northway Financial's highest Price to Tangible Book Ratio was 1.22. The lowest was 0.70. And the median was 1.02.

NWYF's Price-to-Tangible-Book is ranked better than
62.06% of 1439 companies
in the Banks industry
Industry Median: 0.93 vs NWYF: 0.80

A closely related ratio is called PB Ratio. As of today, Northway Financial's share price is $18.35. Northway Financial's Book Value per Sharefor the quarter that ended in Dec. 2023 was $26.62. Hence, Northway Financial's P/B Ratio of today is 0.69.

Northway Financial Price-to-Tangible-Book Historical Data

The historical data trend for Northway Financial'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.

Northway Financial Price-to-Tangible-Book Chart

Northway Financial Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.14

0.89

0.99

1.04

0.79

Northway Financial Semi-Annual Data
	Dec00	Dec01	Dec02	Dec03	Dec04	Dec05	Dec06	Dec08	Dec09	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															1.14	0.89	0.99	1.04	0.79

Competitive Comparison of Northway Financial's Price-to-Tangible-Book

For the Banks - Regional subindustry, Northway Financial'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.

Northway Financial's Price-to-Tangible-Book Distribution in the Banks Industry

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

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

Northway Financial Price-to-Tangible-Book Calculation

Northway Financial's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	18.35	/	23.005
	=	0.80

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.

Northway Financial Price-to-Tangible-Book Related Terms

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

Northway Financial (Northway Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Northway Financial Inc (OTCPK:NWYF) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

3424 White Mountain Highway, North Conway, Conway, NH, USA, 03860

Website

https://www.northwaybank.com

Northway Financial Inc is a bank holding company. The bank is engaged in the business of attracting deposits from the public and investing those deposits in securities, commercial loans, real estate loans, and consumer loans. It provides various products and services such as Personal checking, Debit cards, Online banking, Mobile Banking, Mortgages, Business Loans, Credit cards, Personal insurance, investments, and other related services.

Executives

Jeffrey D Smith	officer: SVP-Chief Admin. Officer	2 ELM STREET / PO BOX 310, CAMDEN ME 04843
Fletcher W Adams	director
Stephen G Boucher	director
Richard P Orsillo	officer: SVP & Chief Financial Officer
Richard T Brunelle	officer: SVP Comm'l Loan Officer
William J Woodward	director, officer: Chairman, President & CEO
John H Noyes	director
Barry J Kelly	director
John A Gobel	officer: SVP/Senior Technology Officer	PO BOX 69, FRANKFORT ME 04438
Mark C Bechtold	officer: SVP/Sr HR Leadership Dev Off.	99 HYFIELD LANE, JEFFERSON NH 03583
John D Morris	director