Signature Bank
Financial ratios & Valuation

Historical Multiples (2013 – 2022)

2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 TTM Median
Valuation Ratios
Price/Earnings ratio
22.1920.8320.8520.2319.2411.0612.5213.4720.385.390.1411.06
Price/Sales ratio
7.467.397.676.745.854.235.484.469.352.670.064.23
Price/Book Value ratio
2.822.472.692.221.841.261.541.222.380.900.011.26
Price/Cash Flow ratio
25.0714.6813.8114.8715.178.589.437.8721.287.620.138.58
Price/Free Cash Flow ratio
26.7015.1714.1215.3415.928.739.858.1922.088.030.148.73
Price/Earnings Growth ratio
1.020.830.9721.25-5.710.370.70-1.550.390.140.00-5.71
Dividend Yield
N/AN/AN/AN/AN/A1.10%1.67%1.68%0.89%2.46%45.16%45.16%
Profitability Indicator Ratios
Gross Profit Margin
100%100%100%100%100%100%100%100%100%100%100%100%
Operating Profit Margin
73.24%75.93%74.73%69.52%63.42%81.93%58.79%45.92%62.34%N/A120.71%63.42%
Pretax Profit Margin
57.54%61.20%61.92%55.24%45.16%50.93%58.79%45.92%62.34%65.10%62.14%45.16%
Net Profit Margin
33.62%35.48%36.78%33.30%30.40%38.21%43.78%33.13%45.88%49.58%47.03%30.40%
Effective Tax Rate
41.57%42.02%40.60%39.71%32.69%24.96%25.22%27.83%26.39%23.83%24.30%24.96%
Return on Assets
1.02%1.08%1.11%1.01%0.89%1.06%1.15%0.71%0.77%1.21%0.59%1.06%
Return On Equity
12.70%11.88%12.90%10.97%9.60%11.46%12.29%9.06%11.71%16.68%8.39%11.46%
Return on Capital Employed
2.22%2.32%2.26%2.11%1.87%2.28%1.55%0.99%1.05%N/A1.53%2.28%
Liquidity Ratios
Current Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Quick Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Cash ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Days of Sales Outstanding
38.4434.7833.8331.5833.5539.1540.1963.5955.9560.89117.1333.55
Days of Inventory outstanding
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Operating Cycle
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Days of Payables Outstanding
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Cash Conversion Cycle
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Debt Ratios
Debt Ratio
0.100.040.080.050.100.110.090.040.020.100.100.10
Debt Equity Ratio
1.280.530.940.631.101.180.960.620.401.471.511.10
Long-term Debt to Capitalization
0.560.340.480.380.520.540.490.380.290.590.600.52
Total Debt to Capitalization
0.560.340.480.380.520.540.490.380.290.590.600.52
Interest Coverage Ratio
3.66N/AN/AN/AN/AN/AN/AN/AN/AN/A2.06N/A
Cash Flow to Debt Ratio
0.080.310.200.230.110.120.160.240.270.070.050.12
Company Equity Multiplier
12.4310.9411.5610.8010.6910.7410.6112.6815.1013.7713.7710.69
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.290.500.550.450.380.490.580.560.430.350.500.38
Free Cash Flow / Operating Cash Flow Ratio
0.930.960.970.960.950.980.950.960.960.940.960.95
Cash Flow Coverage Ratio
0.080.310.200.230.110.120.160.240.270.070.050.12
Short Term Coverage Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Dividend Payout Ratio
N/AN/AN/AN/AN/A12.26%20.93%22.72%18.31%13.28%13.48%12.26%