What is the p/b ratio of a stock?
If there are 10 million shares outstanding, each share would represent $2.50 of book value. If the share price is $5, then the P/B ratio would be 2x (5 / 2.50). This illustrates that the market price is valued at twice its book value. Closely related to the P/B ratio is the price to tangible book value ratio (PTBV).
Should you hold Prosperity Bancshares (PB) stock?
The consensus among Wall Street analysts is that investors should "hold" Prosperity Bancshares stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PB, but not buy additional shares or sell existing shares. View analyst ratings for Prosperity Bancshares or view top-rated stocks.
Where can I buy shares of Pb?
Shares of PB can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here.
How much is a share of prosperity stock worth?
One share of PB stock can currently be purchased for approximately $74.04. How much money does Prosperity Bancshares make? Prosperity Bancshares has a market capitalization of $6.82 billion and generates $1.28 billion in revenue each year. The bank earns $528.90 million in net income (profit) each year or $5.72 on an earnings per share basis.
See more
How much is Prosperity Bank worth?
$32.185 billionProsperity BancsharesTypePublic companyTotal assets$32.185 billion (2019)Total equity$5.970 billion (2019)Number of employees3,901 (2019)Websitewww.prosperitybankusa.com8 more rows
Is Prosperity Bank publicly traded?
Investors in Prosperity Bancshares (NYSE:PB) have unfortunately lost 7.5% over the last year. Most people feel a little frustrated if a stock they own goes down in price.
Who bought Prosperity Bank?
LegacyTexas Financial Group, Inc.(NYSE: PB), the parent company of Prosperity Bank®, today announced that it has completed its previously announced merger (the "merger") with LegacyTexas Financial Group, Inc. (NASDAQ: LTXB) ("LegacyTexas"), the parent company of LegacyTexas Bank, effective November 1, 2019.
What was Prosperity Bank before?
Prosperity Bank Company History Timeline The company was formed in 1983 to purchase a former Allied Bank branch in Edna, Texas. In November 2008, in a transaction organized by the Federal Deposit Insurance Corporation, the company acquired Franklin Bank, which suffered from bank failure.
Should I buy or sell Prosperity Bancshares stock right now?
3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Prosperity Bancshares in the last year. There are currently 1 sel...
What is Prosperity Bancshares' stock price forecast for 2022?
3 analysts have issued 12-month price objectives for Prosperity Bancshares' shares. Their forecasts range from $63.00 to $91.00. On average, they a...
How has Prosperity Bancshares' stock price performed in 2022?
Prosperity Bancshares' stock was trading at $72.30 at the start of the year. Since then, PB stock has decreased by 5.7% and is now trading at $68.1...
Are investors shorting Prosperity Bancshares?
Prosperity Bancshares saw a increase in short interest in April. As of April 30th, there was short interest totaling 2,060,000 shares, an increase...
When is Prosperity Bancshares' next earnings date?
Prosperity Bancshares is scheduled to release its next quarterly earnings announcement on Wednesday, July 27th 2022. View our earnings forecast fo...
How were Prosperity Bancshares' earnings last quarter?
Prosperity Bancshares, Inc. (NYSE:PB) released its quarterly earnings data on Wednesday, April, 27th. The bank reported $1.33 EPS for the quarter,...
How often does Prosperity Bancshares pay dividends? What is the dividend yield for Prosperity Bancshares?
Prosperity Bancshares announced a quarterly dividend on Wednesday, April 20th. Investors of record on Wednesday, June 15th will be given a dividend...
Is Prosperity Bancshares a good dividend stock?
Prosperity Bancshares(NYSE:PB) pays an annual dividend of $2.08 per share and currently has a dividend yield of 2.98%. Prosperity Bancshares has be...
Who are Prosperity Bancshares' key executives?
Prosperity Bancshares' management team includes the following people: Mr. David E. Zalman , Sr. Chairman & CEO (Age 65, Pay $2.87M) Mr. H. E. Ti...
Is Prosperity Bancshares stock a Buy, Sell or Hold?
Prosperity Bancshares stock has received a consensus rating of hold. The average rating score is and is based on 10 buy ratings, 12 hold ratings, a...
What was the 52-week low for Prosperity Bancshares stock?
The low in the last 52 weeks of Prosperity Bancshares stock was 64.63. According to the current price, Prosperity Bancshares is 112.35% away from t...
What was the 52-week high for Prosperity Bancshares stock?
The high in the last 52 weeks of Prosperity Bancshares stock was 80.46. According to the current price, Prosperity Bancshares is 90.24% away from t...
What are analysts forecasts for Prosperity Bancshares stock?
The 24 analysts offering price forecasts for Prosperity Bancshares have a median target of 73.56, with a high estimate of 91.00 and a low estimate...
What is the PB symbol?
What is prosperity bancshares?
Prosperity Bancshares trades on the New York Stock Exchange (NYSE) under the ticker symbol "PB."
What is the official website for prosperity?
Prosperity Bancshares, Inc. is a holding company, which engages in the provision of financial products and solutions. It offers retail and commercial banking services such as deposits, online Internet banking, loan services, investments, trust, and credit card to small and medium-sized businesses and consumers. The company was founded by Tracy T. Rudolph in 1983 and is headquartered in Houston, TX.
What is the PEG ratio of prosperity?
The official website for Prosperity Bancshares is www.prosperitybankusa.com.
What is MarketBeat community ratings?
Prosperity Bancshares has a PEG Ratio of 1.38. PEG Ratios above 1 indicate that a company could be overvalued.
How to calculate P/E?
MarketBeat's community ratings are surveys of what our community members think about Prosperity Bancshares and other stocks. Vote “Outperform” if you believe PB will outperform the S&P 500 over the long term. Vote “Underperform” if you believe PB will underperform the S&P 500 over the long term. You may vote once every thirty days.
What is dividend percentage?
The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations for the trailing 12 month period.
How to calculate restricted stock?
A company's dividend expressed as a percentage of its current stock price.
What is PB Bankshares?
To calculate, start with total shares outstanding and subtract the number of restricted shares. Restricted stock typically is that issued to company insiders with limits on when it may be traded. A company's dividend expressed as a percentage of its current stock price.
What is the official website of PB Bankshares?
PB Bankshares Inc. is a holding company, which engages in the provision of financial products and solutions. It offers retail and commercial banking services such as deposits, online Internet banking, loan services, investments, trust, and credit card to small and medium-sized businesses and consumers. PB Bankshares Inc. is based in Coatesville, Pennsylvania.
Who are PB Bankshares' major shareholders?
The official website for PB Bankshares is www.prosperbank.com.
What is Marketbeat community rating?
PB Bankshares' stock is owned by many different retail and institutional investors. Top institutional investors include Millennium Management LLC (0.43%).
Does PB Bankshares pay dividends?
MarketBeat's community ratings are surveys of what our community members think about PB Bankshares and other stocks. Vote “Outperform” if you believe PBBK will outperform the S&P 500 over the long term. Vote “Underperform” if you believe PBBK will underperform the S&P 500 over the long term. You may vote once every thirty days.
Corporate Action
PB Bankshares does not currently pay a dividend.
PB Fintech - Disclosures under Reg. 29 (1) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 29 (1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 fo....
How much is the P/B ratio?
The Exchange has received the disclosure under Regulation 29 (1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 fo....
How to calculate P/B ratio?
Assume that a company has $100 million in assets on the balance sheet and $75 million in liabilities. The book value of that company would be calculated simply as $25 million ($100M - $75M). If there are 10 million shares outstanding, each share would represent $2.50 of book value. If the share price is $5, then the P/B ratio would be 2x (5 / 2.50). This illustrates that the market price is valued at twice its book value.
What is the price-to-book ratio?
It's calculated by dividing the company's stock price per share by its book value per share (BVPS). An asset's book value is equal to its carrying value on the balance sheet, and companies calculate it netting the asset against its accumulated depreciation .
What is book value?
The price-to-book ratio is one of the most widely-used financial ratios. It compares a company’s market price to its book value, essentially showing the value given by the market for each dollar of the company’s net worth. High-growth companies will often show price-to-book ratios well above 1.0, whereas companies facing severe distress will occasionally show ratios below 1.0.
Why is the P/B ratio above 1.0?
Book value is also the tangible net asset value of a company calculated as total assets minus intangible assets (.e.g. patents, goodwill) and liabilities. For the initial outlay of an investment, book value may be net or gross of expenses, such as trading costs, sales taxes, and service charges.
What does a lower P/B ratio mean?
Under certain circumstances of financial distress, bankruptcy, or expected plunges in earnings power , a company's P/B ratio can dive below a value of 1.0.
What is the value of a company if it liquidates all of its assets and pays off all its debt?
A lower P/B ratio could mean the stock is undervalued. However, it could also mean something is fundamentally wrong with the company. As with most ratios, this varies by industry. The P/B ratio also indicates whether you're paying too much for what would remain if the company went bankrupt immediately.
When will PBI pay dividends?
In other words, if a company liquidated all of its assets and paid off all its debt, the value remaining would be the company's book value. P/B ratio provides a valuable reality check for investors seeking growth at a reasonable price and is often looked at in conjunction with return on equity (ROE), a reliable growth indicator. Large discrepancies between the P/B ratio and ROE often send up a red flag on companies. Overvalued growth stocks frequently show a combination of low ROE and high P/B ratios. If a company's ROE is growing, its P/B ratio should also be growing.
What is PBI shipping?
The dividend will be paid on December 7, 2021 to stockholders of record on November 16, 2021.
What is PBI 2021?
STAMFORD, Conn., November 01, 2021--Pitney Bowes (NYSE:PBI), a global shipping and mailing company that provides technology, logistics, and financial services, today announced plans to further expand capacity and add thousands of seasonal warehouse associates and drivers to meet ecommerce demand for the peak holiday shipping season.
How old is Pitney Bowes?
(NYSE:PBI), a global technology company that provides commerce solutions in the areas of ecommerce, shipping, mailing and financial services, today released its 2020 Corporate Responsibility Report (CSR).
What is the partnership between IBM and Pitney Bowes?
Pitney Bowes is a 100-year-old shipping company, best known for its classic postage meters. Stamps.com got a big boost on Friday when private equity firm Thoma Bravo agreed to acquire it for $330 per share in cash, a premium of 67% to the company's Thursday close. TheStreet.com • 24 days ago.
