Peapack Tangible Book Value Per Share from 2010 to 2024

PGC Stock  USD 35.76  1.00  2.72%   
Peapack Gladstone's Tangible Book Value Per Share is increasing over the years with slightly volatile fluctuation. Tangible Book Value Per Share is expected to dwindle to 18.85. During the period from 2010 to 2024 Peapack Gladstone Tangible Book Value Per Share annual values regression line had geometric mean of  20.72 and mean square error of  5,659. View All Fundamentals
 
Tangible Book Value Per Share  
First Reported
2010-12-31
Previous Quarter
30.12214644
Current Value
18.85
Quarterly Volatility
77.26644337
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Peapack Gladstone financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Peapack Gladstone's main balance sheet or income statement drivers, such as Depreciation And Amortization of 3.4 M, Interest Expense of 155.3 M or Selling General Administrative of 109.9 M, as well as many indicators such as Price To Sales Ratio of 1.66, Dividend Yield of 0.0064 or PTB Ratio of 0.87. Peapack financial statements analysis is a perfect complement when working with Peapack Gladstone Valuation or Volatility modules.
  
Check out the analysis of Peapack Gladstone Correlation against competitors.

Latest Peapack Gladstone's Tangible Book Value Per Share Growth Pattern

Below is the plot of the Tangible Book Value Per Share of Peapack Gladstone Financial over the last few years. It is Peapack Gladstone's Tangible Book Value Per Share historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Peapack Gladstone's overall financial position and show how it may be relating to other accounts over time.
Tangible Book Value Per Share10 Years Trend
Slightly volatile
   Tangible Book Value Per Share   
       Timeline  

Peapack Tangible Book Value Per Share Regression Statistics

Arithmetic Mean35.26
Geometric Mean20.72
Coefficient Of Variation219.16
Mean Deviation36.75
Median19.67
Standard Deviation77.27
Sample Variance5,970
Range324
R-Value0.35
Mean Square Error5,659
R-Squared0.12
Significance0.21
Slope5.98
Total Sum of Squares83,581

Peapack Tangible Book Value Per Share History

2024 18.85
2023 30.12
2022 26.74
2021 310.89
2020 25.57
2019 24.03
2018 23.02

About Peapack Gladstone Financial Statements

Peapack Gladstone stakeholders use historical fundamental indicators, such as Peapack Gladstone's Tangible Book Value Per Share, to determine how well the company is positioned to perform in the future. Although Peapack Gladstone investors may analyze each financial statement separately, they are all interrelated. For example, changes in Peapack Gladstone's assets and liabilities are reflected in the revenues and expenses on Peapack Gladstone's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Peapack Gladstone Financial. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Tangible Book Value Per Share 30.12  18.85 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Peapack Gladstone offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Peapack Gladstone's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Peapack Gladstone Financial Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Peapack Gladstone Financial Stock:
Check out the analysis of Peapack Gladstone Correlation against competitors.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Peapack Gladstone. If investors know Peapack will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Peapack Gladstone listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.12)
Dividend Share
0.2
Earnings Share
1.82
Revenue Per Share
11.842
Quarterly Revenue Growth
0.108
The market value of Peapack Gladstone is measured differently than its book value, which is the value of Peapack that is recorded on the company's balance sheet. Investors also form their own opinion of Peapack Gladstone's value that differs from its market value or its book value, called intrinsic value, which is Peapack Gladstone's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Peapack Gladstone's market value can be influenced by many factors that don't directly affect Peapack Gladstone's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Peapack Gladstone's value and its price as these two are different measures arrived at by different means. Investors typically determine if Peapack Gladstone is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Peapack Gladstone's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.