Question 1

What is Community Bank System's P/B ratio?

Accepted Answer

Community Bank System (CBU) P/B ratio is 1.8× as of July 22, 2026. The ratio is calculated by dividing market capitalisation by book value of equity, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/B ratio calculated?

Accepted Answer

P/B = Market Capitalisation ÷ Book Value of Equity (most recent quarterly shareholders' equity), or equivalently Share Price ÷ Book Value Per Share. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/B ratio?

Accepted Answer

The price-to-book (P/B) ratio compares a company's market capitalisation to its book value of equity (total shareholders' equity) on the most recent quarterly balance sheet. It is calculated as market cap ÷ book value of equity (equivalent to share price ÷ book value per share). A P/B below 1× implies the market values the business below its accounting net worth; values well above 1× reflect intangible assets, brand value, or a high return on equity.

Question 4

What is a good P/B ratio for Community Bank System?

Accepted Answer

A "good" P/B depends on the business model. Banks, insurers, and other capital-heavy financials typically trade near 1×; asset-light technology and consumer-brand companies can sustainably trade at 5×+ because much of their value is intangible. P/B is most informative when paired with return on equity (ROE). For Community Bank System specifically, the relevant sector benchmark is the current sector median of 1.7×.

Question 5

Is Community Bank System's P/B ratio high or low?

Accepted Answer

Community Bank System's P/B ratio of 1.8× is above its own 5-year average of 1.8× and above the sector median of 1.7×. That places the current reading at the 51th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Community Bank System's historical P/B ratio range?

Accepted Answer

In the available daily series, Community Bank System (CBU) P/B ratio has ranged from a low of 0.9× in 2009 to a high of 2.4× in 2022. The 5-year average is 1.8× and the 5-year median is 1.7×.

Question 7

What was Community Bank System's P/B ratio in 2025?

Accepted Answer

Community Bank System (CBU) P/B ratio at the end of 2025 was 1.5×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month book value figure available at that date.

Question 8

Why does Community Bank System's P/B ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (book value). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$3.03B	$2.01B	1.5×	-0.3×	Dec 31, 2025
2024	$3.27B	$1.76B	1.9×	+0.2×	Dec 31, 2024
2023	$2.78B	$1.7B	1.6×	-0.6×	Dec 31, 2023
2022	$3.41B	$1.55B	2.2×	+0.3×	Dec 31, 2022
2021	$4.06B	$2.1B	1.9×	+0.3×	Dec 31, 2021
2020	$3.37B	$2.1B	1.6×	-0.4×	Dec 31, 2020
2019	$3.71B	$1.86B	2.0×	+0.3×	Dec 31, 2019
2018	$2.99B	$1.71B	1.7×	+0.1×	Dec 31, 2018
2017	$2.72B	$1.64B	1.7×	-0.6×	Dec 31, 2017
2016	$2.76B	$1.2B	2.3×	+0.8×	Dec 31, 2016
2015	$1.67B	$1.14B	1.5×	-0.1×	Dec 31, 2015
2014	$1.55B	$988M	1.6×	-0.3×	Dec 31, 2014
2013	$1.6B	$876M	1.8×	+0.6×	Dec 31, 2013
2012	$1.08B	$903M	1.2×	-0.1×	Dec 31, 2012
2011	$1.02B	$775M	1.3×	-0.2×	Dec 31, 2011
2010	$918M	$607M	1.5×	+0.4×	Dec 31, 2010
2009	$631M	$566M	1.1×	-0.2×	Dec 31, 2009
2008	$737M	$545M	1.4×	+0.1×	Dec 31, 2008
2007	$585M	$479M	1.2×	-0.3×	Dec 31, 2007
2006	$693M	$462M	1.5×	+0.0×	Dec 31, 2006
2005	$667M	$458M	1.5×	-0.3×	Dec 31, 2005
2004	$856M	$475M	1.8×	+0.1×	Dec 31, 2004
2003	$701M	$405M	1.7×	+0.5×	Dec 31, 2003
2002	$407M	$325M	1.3×	—	Dec 31, 2002


AXIS Capital Holdings (AXS)	1.2×
Loews (L)	1.2×
First Financial (THFF)	1.1×
Citizens Financial Group (CFG)	1.1×
Citigroup (C)	1.1×
Federal Agricultural Mortgage (AGM)	1.1×
UMB Financial (UMBF)	1.1×
Southside Bancshares (SBSI)	1.1×
Prudential Financial (PRU)	1.1×
United Bankshares (UBSI)	1.1×
Alerus Financial (ALRS)	1.0×
Capital One Financial (COF)	1.0×
Franklin Resources (BEN)	1.0×
American International Group (AIG)	1.0×
Eagle Financial Services (EFSI)	1.0×
Truist Financial (TFC)	1.0×
Ares Capital (ARCC)	0.9×
Huntington Bancshares (HBAN)	0.9×
Auburn National Bancorporation (AUBN)	0.9×
Invesco (IVZ)	0.9×
Everest Group (EG)	0.9×
PSB Holdings (PSBQ)	0.8×
Global Payments (GPN)	0.7×
Assured Guaranty (AGO)	0.7×
Atlantic Union Bankshares (AUB)	0.0×

P/B Ratio for Community Bank System (CBU) 2002-2026

P/B Ratio daily chart for Community Bank System (CBU)

Historical P/B Ratio for Community Bank System (CBU) from 2002 to 2025

About P/B Ratio at Community Bank System (CBU)

Community Bank System P/B Ratio by Year

Community Bank System P/B Ratio 2025: 1.5×

Community Bank System P/B Ratio 2024: 1.9×

Community Bank System P/B Ratio 2023: 1.6×

Community Bank System P/B Ratio 2022: 2.2×

Community Bank System P/B Ratio 2021: 1.9×

Sector peers by P/B Ratio — chart

Sector peers by P/B Ratio — table

Frequently asked questions

Community Bank System (CBU) Key Financials