Summit State Bank (SSBI)

P/B ratio as of November 2024 : 0.4799

According to Summit State Bank's latest financial reports the company has a price-to-book ratio of 1.40635.
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.

Summit State Bank - P/B ratio (from 2006 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	0.8543	-28.91%
2022-12-31	1.20	-2.19%
2021-12-31	1.23	13.58%
2020-12-31	1.08	-7.42%
2019-12-31	1.17	0.68%
2018-12-31	1.16	-9.01%
2017-12-31	1.28	3.55%
2016-12-31	1.23	7.3%
2015-12-31	1.15	16.99%
2014-12-31	0.9814	20.57%
2013-12-31	0.8140	59.79%
2012-12-31	0.5094	25.97%
2011-12-31	0.4044	-32.56%
2010-12-31	0.5996	27.77%
2009-12-31	0.4693	19.44%
2008-12-31	0.3929	-50.92%
2007-12-31	0.8005	-38.99%
2006-12-31	1.31
2005-12-31	N/A

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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Summit State Bank (SSBI) - P/B ratio