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Esquire Financial Holdings (Esquire Financial Holdings) PB Ratio : 1.92 (As of May. 22, 2024)


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What is Esquire Financial Holdings PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-05-22), Esquire Financial Holdings's share price is $48.00. Esquire Financial Holdings's Book Value per Share for the quarter that ended in Mar. 2024 was $24.97. Hence, Esquire Financial Holdings's PB Ratio of today is 1.92.

Good Sign:

Esquire Financial Holdings Inc stock PB Ratio (=1.92) is close to 2-year low of 1.74

The historical rank and industry rank for Esquire Financial Holdings's PB Ratio or its related term are showing as below:

ESQ' s PB Ratio Range Over the Past 10 Years
Min: 0.87   Med: 1.84   Max: 2.57
Current: 1.92

During the past 9 years, Esquire Financial Holdings's highest PB Ratio was 2.57. The lowest was 0.87. And the median was 1.84.

ESQ's PB Ratio is ranked worse than
89.16% of 1458 companies
in the Banks industry
Industry Median: 0.86 vs ESQ: 1.92

During the past 12 months, Esquire Financial Holdings's average Book Value Per Share Growth Rate was 19.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 14.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 13.00% per year.

During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of Esquire Financial Holdings was 24.00% per year. The lowest was 7.80% per year. And the median was 12.70% per year.

Back to Basics: PB Ratio


Esquire Financial Holdings PB Ratio Historical Data

The historical data trend for Esquire Financial Holdings's PB Ratio 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.

Esquire Financial Holdings PB Ratio Chart

Esquire Financial Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only 1.80 1.19 1.77 2.24 2.09

Esquire Financial Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
PB Ratio 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 1.88 2.09 2.02 2.09 1.90

Competitive Comparison of Esquire Financial Holdings's PB Ratio

For the Banks - Regional subindustry, Esquire Financial Holdings's PB Ratio, along with its competitors' market caps and PB Ratio 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.


Esquire Financial Holdings's PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Esquire Financial Holdings's PB Ratio distribution charts can be found below:

* The bar in red indicates where Esquire Financial Holdings's PB Ratio falls into.



Esquire Financial Holdings PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Esquire Financial Holdings's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=48.00/24.971
=1.92

* 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 Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


Esquire Financial Holdings  (NAS:ESQ) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Esquire Financial Holdings PB Ratio Related Terms

Thank you for viewing the detailed overview of Esquire Financial Holdings's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Esquire Financial Holdings (Esquire Financial Holdings) Business Description

Traded in Other Exchanges
N/A
Address
100 Jericho Quadrangle, Suite 100, Jericho, NY, USA, 11753
Esquire Financial Holdings Inc is a United States-based bank holding company. The bank offers various services such as checking accounts, personal checking account, professional checking accounts, and business checking accounts among others. It generates revenue in the form of interest income.
Executives
Richard T Powers director 100 JERICHO QUADRANGLE, SUITE 100, JERICHO NY 11753
Selig Zises director C/O MANGOSOFT INC, 1500 WEST PARK DRIVE STE 190, WESTBOROUGH MA 01581
Michael Lacapria officer: Chief Financial Officer 100 JERICHO QUADRANGLE, SUITE 100, JERICHO NY 11753
Joseph Melohn director 100 JERICHO QUADRANGLE, SUITE 100, JERICHO NY 11753
Kevin C Waterhouse director 100 JERICHO QUADRANGLE, SUITE 100, JERICHO NY 11753
Todd Deutsch director 100 JERICHO QUADRANGLE, SUITE 100, JERICHO NY 11753
Marc D Grossman director 100 JERICHO QUADRANGLE, SUITE 100, JERICHO NY 11753
Robert Mitzman director 3725 SW 30TH AVENUE, FORT LAUDERDALE FL 33312
Eric S Bader officer: EVP, CFO and Treasurer 100 JERICHO QUADRANGLE, SUITE 100, JERICHO NY 11753
Andrew C Sagliocca director, officer: President and CEO 100 JERICHO QUADRANGLE, SUITE 100, JERICHO NY 11753
Parag Tandon officer: Chief Acctg Off and Controller 100 JERICHO QUADRANGLE, SUITE 100, JERICHO NY 11753
James F. Deutsch director C/O STERLING NATIONAL BANK, 400 RELLA BOULEVARD, MONTEBELLO NY 10901
Anthony Coelho director 100 JERICHO QUADRANGLE, SUITE 100, JERICHO NY 11753
Jack T Thompson director 100 JERICHO QUADRANGLE, SUITE 100, JERICHO NY 11753
Ari P Kornhaber officer: EVP and Director of Sales 100 JERICHO QUADRANGLE, SUITE 100, JERICHO NY 11753