GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » United Bankshares Inc (NAS:UBSI) » Definitions » Price-to-Tangible-Book

United Bankshares (United Bankshares) Price-to-Tangible-Book : 1.61 (As of May. 11, 2024)


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

What is United Bankshares Price-to-Tangible-Book?

As of today (2024-05-11), United Bankshares's share price is $34.41. United Bankshares's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $21.33. Hence, United Bankshares's Price to Tangible Book Ratio of today is 1.61.

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

UBSI' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.58   Med: 2.08   Max: 2.74
Current: 1.6

During the past 13 years, United Bankshares's highest Price to Tangible Book Ratio was 2.74. The lowest was 1.58. And the median was 2.08.

UBSI's Price-to-Tangible-Book is ranked worse than
81.08% of 1438 companies
in the Banks industry
Industry Median: 0.93 vs UBSI: 1.60

A closely related ratio is called PB Ratio. As of today, United Bankshares's share price is $34.41. United Bankshares's Book Value per Sharefor the quarter that ended in Dec. 2023 was $35.36. Hence, United Bankshares's P/B Ratio of today is 0.97.


United Bankshares Price-to-Tangible-Book Historical Data

The historical data trend for United Bankshares'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.

United Bankshares Price-to-Tangible-Book Chart

United Bankshares 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 2.08 1.69 1.76 2.09 1.76

United Bankshares 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 1.76 1.46 1.35 1.76 1.67

Competitive Comparison of United Bankshares's Price-to-Tangible-Book

For the Banks - Regional subindustry, United Bankshares'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.


United Bankshares's Price-to-Tangible-Book Distribution in the Banks Industry

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

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



United Bankshares Price-to-Tangible-Book Calculation

United Bankshares's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=34.41/21.325
=1.61

* 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.


United Bankshares Price-to-Tangible-Book Related Terms

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


United Bankshares (United Bankshares) Business Description

Traded in Other Exchanges
Address
500 Virginia Street, 300 United Center, East Charleston, Charleston, WV, USA, 25301
United Bankshares Inc is a financial holding company that provides banking services. The company operates in two segments: Community banking, which accepts deposits, makes loans (for personal, credit card, commercial, and construction uses), provides brokerage services, safe deposit boxes, and related services; and Mortgage banking, which offers and acquires home mortgages through an indirectly owned subsidiary. Nearly all revenue comes from the community banking segment.
Executives
Peter A Converse director 1201 NORTH NASH ST #502, ARLINGTON VA 22209
Gary G White director 514 MARKET STREET, PARKERSBURG WV 26101
Kayes Henry M Jr officer: EVP 122 NORTH ROSEMONT, MARTINSBURG WV 25401
Rice Lacy I Iii director 514 MARKET ST, PARKERSBURG WV 26101
Diana Lewis Jackson director 514 MARKET ST, PARKERSBURG WV 26101
Michael P Fitzgerald director C/O UNITED BANKSHARES, INC., 514 MARKET ST, PARKERSBURG WV 26101
J Paul Mcnamara director 514 MARKET STREET, PARKERSBURG WV 26101
Adams Richard M Sr director, officer: Chairman of the Board & CEO 514 MARKET STREET, PARKERSBURG WV 26101
Matthew L Humphrey officer: Executive Vice President 514 MARKET ST., PARKERSBURG WV 26101
Chad J Mildren officer: Executive Vice President 514 MARKET ST., PARKERSBURG WV 26101
Michael Proctor officer: Executive Vice President 514 MARKET ST., PARKERSBURG WV 26101
Ami L Shaver officer: Executive Vice President 514 MARKET ST., PARKERSBURG WV 26101
Anna J Schultheis officer: Executive Vice President 514 MARKET ST, PARKERSBURG WV 26101
Julie R Gurtis officer: Executive Vice President 514 MARKET ST., PARKERSBURG WV 26101
Ross M Draber officer: Executive Vice President 514 MARKET ST., PARKERSBURG WV 26101