Price to Tangible Book of Northwest Bancshares Inc. (NWBI) is 1.20

The price to tangible book value (PTBV) is a valuation ratio expressing the price of a security compared to its hard, or tangible, book value as reported in the company's balance sheet. The tangible book value number is equal to the company's total book value less the value of any intangible assets. Intangible assets can be such items as patents, intellectual property, goodwill, etc. The ratio shows how much investors are paying for each dollar of assets.

 

Source: Investopedia

Price to Tangible Book
Dec 19Jan 20Feb 20Mar 20Apr 20May 20Jun 20Jul 20Aug 20Sep 20Oct 20Nov 20
1.841.811.711.511.161.341.301.271.121.151.081.20