Lakeland Bancorp (LBAI) - P/B ratio

P/B ratio as of November 2024 : 0.7419

According to Lakeland Bancorp's latest financial reports the company has a price-to-book ratio of 3.02439.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.

Lakeland Bancorp - P/B ratio (from 2001 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	0.8225	-20.11%
2022-12-31	1.03	-11.4%
2021-12-31	1.16	38.44%
2020-12-31	0.8394	-30.64%
2019-12-31	1.21	7.33%
2018-12-31	1.13	-27.87%
2017-12-31	1.56	-6.55%
2016-12-31	1.67	49.9%
2015-12-31	1.12	-4.54%
2014-12-31	1.17	-7.93%
2013-12-31	1.27	17.84%
2012-12-31	1.08	27.19%
2011-12-31	0.8471	-20.5%
2010-12-31	1.07	87.18%
2009-12-31	0.5692	-52.76%
2008-12-31	1.20	-5.51%
2007-12-31	1.28	-22.59%
2006-12-31	1.65	0.39%
2005-12-31	1.64	-12.04%
2004-12-31	1.87	-18.99%
2003-12-31	2.30	-18.02%
2002-12-31	2.81

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
Parke Bancorp PKBK	0.8693	17.17%	🇺🇸 USA
Unity Bancorp UNTY	1.40	88.74%	🇺🇸 USA
Peapack-Gladstone Financial PGC	0.9662	30.24%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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