Unity Bancorp (UNTY) - P/B ratio

P/B ratio as of November 2024 : 1.67

According to Unity Bancorp's latest financial reports the company has a price-to-book ratio of 4.56349.
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.

Unity 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	1.14	-5.51%
2022-12-31	1.20	-9.13%
2021-12-31	1.33	24.35%
2020-12-31	1.07	-30.15%
2019-12-31	1.53	-5.35%
2018-12-31	1.61	-9.04%
2017-12-31	1.77	15.29%
2016-12-31	1.54	14.72%
2015-12-31	1.34	18.85%
2014-12-31	1.13	11.11%
2013-12-31	1.02	67.4%
2012-12-31	0.6064	-5.97%
2011-12-31	0.6450	3.61%
2010-12-31	0.6225	47.1%
2009-12-31	0.4232	3.46%
2008-12-31	0.4090	-66.19%
2007-12-31	1.21	-42.55%
2006-12-31	2.11	-1.31%
2005-12-31	2.13	3.49%
2004-12-31	2.06	2.39%
2003-12-31	2.01	29.03%
2002-12-31	1.56

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
Parke Bancorp PKBK	0.9180	-44.95%	🇺🇸 USA
Peapack-Gladstone Financial PGC	1.05	-36.75%	🇺🇸 USA
Lakeland Bancorp LBAI	0.7419	-55.52%	🇺🇸 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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