Wells fargo 2017 investor day financial overview 3. During the past 12 months, wells fargo s average book value per share growth rate was 6. Trading below my estimated 2020end tangible book value per share, i believe that wfc is priced to worst. Sitting on my desk in front of me, as i type this article, is an analyst report by morningstar for wachovia dated december 31st, 2007. Feb 04, 2019 book value per share can separate the wheat from the chaff on a stock but it needs to be applied correctly. Investors can still find profit in bruised wells fargo stock. But check out wfcs book value per share growth over the past 10 years value line has more info, but this table is thanks to brooklyn investor.
Book value indicates to an investor how much a share of stock might be worth from an accountants point of view. In depth view into wells fargo book value per share including historical data from 1972, charts, stats and industry comps. Book value per share bvps is a measure of value of a companys common share based on book value of the shareholders equity of the company. Wells fargo book value per share fundamental analysis lookup allows you to check this and other indicators for wells fargo company or any other equity.
Should the company decide to dissolve, the book value per common share indicates the dollar value remaining for common shareholders after all assets are. Stock price and dividends investor relations wells fargo. Wells fargo is actually almost as much as jpmorgan, 1. During the past years, the highest 3year average book value per share growth rate of wells fargo was 67. Peg ratios above 1 indicate that a company could be overvalued. Book value per share is a reliable barometer of a stocks potential value. Using the price to book ratio to value bank stocks. The book value is essentially the tangible accounting value of a firm compared to the market value that is shown. You can apply the same method to get the book value growth rate using book value per share data. About wells fargo fundamental analysis the macroaxis fundamental analysis modules help investors analyze wells fargo companys financials across various querterly and yearly statements, indicators and fundamental ratios. Growing book values over time always leads to growing stock prices over time. Jan 30, 2018 book value per share bvps is a measure of value of a companys common share based on book value of the shareholders equity of the company. Apr 15, 2020 book value per common share is a measure used by owners of common shares in a firm to determine the level of safety associated with each individual share after all debts are paid accordingly.
Wells fargo price to book ratio 20062019 wfc macrotrends. Book value per share the accounting value of an outstanding share of stock calculated by subtracting a companys liabilities from its assets and dividing by the number of shares outstanding. History prior to november 1998 refers to the norwest corporation. Wells fargo shareholders should keep their eyes on this.
This suggests that wells fargo is reasonably priced. New york including stock price, stock chart, company news, key statistics, fundamentals and company profile. During the past 5 years, the average book value per share growth rate was 4. Wells fargo shareholders should keep their eyes on this the growth rate of wells fargo s book value per share reveals a lot about the bank. It is measured by taking the difference between a companys net income and dividends paid for each stock and then dividing that figure. Enterprise value is a widely used stock evaluation measure. Historical price to book ratio values for wells fargo wfc over the last 10 years. Wells fargo wfc book value per share trading economics. It allows api clients to download millions of rows of historical data, to query our realtime economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds. That makes it the second most attractive big us bank.
Wells fargo book value per share 20062019 wfc macrotrends. What to expect when jpmorgan and wells fargo report. Wells fargo price to book ratio 20062020 wfc macrotrends. Wells fargo valuations halve amid stock route and trade. The trading economics application programming interface api provides direct access to our data. It is the amount that shareholders would receive if the company dissolves, realizes cash equal to the book value of its assets and pays liabilities at their book value. Wells fargo, which a decade ago commanded the highest valuation in the group, now trades for 90% of book value. View wells fargo historical quotes, dividends, and splits. Wells fargo s book value per share for the quarter that ended in dec. The book value is essentially the tangible accounting value of a firm. Oct 18, 2016 think twice about wells fargo as a value play. Book value per common share is a measure used by owners of common shares in a firm to determine the level of safety associated with each share after all debts are paid accordingly.
The price to book ratio on wells fargo, which is the value of its assets set against the value. The scandal has taken out any premium the bank once enjoyed over its rivals. The priceto book ratio on wells fargo, which is the value of its assets set against the value of. To put that in context, jpmorgan is the most highly valued of the four, trades for just about 1. Should the company dissolve, the book value per common share indicates the dollar value remaining for common shareholders after all assets are. The key of course is to figure out if the growth in book value will continue and to not overpay for that growth. During the past 3 years, the average book value per. Date, stock price, book value per share, price to book ratio. Investors can still find profit in bruised wells fargo.
Investment products and services are offered through wells fargo advisors. Wells fargos wfc q4 earnings lag estimates, costs up. Current and historical book value per share for wells fargo wfc from 2006 to 2019. As market booms, wells fargo financial advisers struggle wsj. Price book value is a widely used stock evaluation measure. Ycharts book value of equity is the equivalent of total assets less total liabilities and preferred equity. Using the pricetobook ratio to value bank stocks the. The usual way to think about a bank stocks valuation is to use the price to book value ratio. The book value of equity represents the equity of shareholders from a balance sheet perspective less the preferred stock. Wells fargo s tangible book value per share for the quarter that ended in dec.
This is calculated by dividing a banks price per share by its book value per share. Dividends per share have been restated for the corporations twoforone stock splits, effected in the form of a 100% stock dividend, distributed on august 11. The current price to book ratio for wells fargo as of april 15, 2020 is 0. During the past 12 months, wells fargos average book value per share growth rate was 6. Book value per share can be defined as the amount of equity available to shareholders expressed on a per common share basis. Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will. Think twice about wells fargo as a value play marketwatch. Citigroup c citigroup has been in the banking business since 1812, when it was known as the city bank of new york. Market futures are up this morning, eager to erase yesterdays losses and apparently not impeded by what theyve seen from earnings reports thus far today.
Book value per share is a method to calculate the per share value of a company based on common shareholders equity in the company. The current price to book ratio for wells fargo as of april 16, 2020 is 0. Wells fargo wfc q1 earnings lag, provisions rise on. Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates. Feb 03, 20 growing book values over time always leads to growing stock prices over time.
During the past 3 years, the average book value per share growth rate was 4. New ceo charles scharf has made wells fargo a stock to buy. Price to book value is a valuation ratio that is measured by stock price book value per share. What is the average price to book ratio for a bank. We help investors to determine the real value of wells fargo using virtually all public information available. What to expect when jpmorgan and wells fargo report tuesday. Book value per common share is a measure used by owners of common shares in a firm to determine the level of safety associated with each individual share after all debts are paid accordingly. Wells fargo wfc book value per share actual data and historical chart was last updated on april of 2020 according to the latest annual and quarterly. Couple thoughts on wells fargo wfc saber capital management. What is book value per share and how can it help you in. Pb ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Can citigroup book value outshine jpmorgan and wells fargo. Book value per share is a widely used stock evaluation measure.
349 570 1203 863 1592 1078 373 977 8 29 1436 380 853 320 589 970 1486 745 913 590 178 90 1237 885 250 1638 693 579 733 221 368 423 958 625 412 754 263 1110 214 20 1175 968