OP Bancorp (Open Bank) (OPBK)

P/B ratio as of October 2024 : 0.9432

According to OP Bancorp (Open Bank)'s latest financial reports the company has a price-to-book ratio of 0.9432.
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.

OP Bancorp (Open Bank) - P/B ratio (from 2005 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	0.8526	-11.07%
2022-12-31	0.9588	-17.99%
2021-12-31	1.17	44.95%
2020-12-31	0.8065	-30.38%
2019-12-31	1.16	6.87%
2018-12-31	1.08	-21.54%
2017-12-31	1.38
2007-12-31	0.8233	-51.91%
2006-12-31	1.71	27.08%
2005-12-31	1.35

P/B ratio for similar companies or competitors

Company	P/B ratio	differencediff.	Country
Northeast Bank NBN	1.68	78.58%	🇺🇸 USA
National Bank Holdings NBHC	1.28	35.66%	🇺🇸 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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OP Bancorp (Open Bank) (OPBK) - P/B ratio