Permanent TSB Group Holdings PLC
Permanent TSB Group Holdings plc operates in the retail, and small and medium sized enterprises (SME) banking sectors in the Republic of Ireland. The company offers transactional banking, lending, saving, and deposit taking services. It provides its products and services through branch network, brokers, direct, digital and SME channels. Permanent TSB Group Holdings plc was founded in 1816 and is … Read more
Permanent TSB Group Holdings PLC (PTSB) - Net Assets
Latest net assets as of December 2025: €2.24 Billion EUR
Based on the latest financial reports, Permanent TSB Group Holdings PLC (PTSB) has net assets worth €2.24 Billion EUR as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€30.48 Billion) and total liabilities (€28.24 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €2.24 Billion |
| % of Total Assets | 7.34% |
| Annual Growth Rate | 1.37% |
| 5-Year Change | 34.21% |
| 10-Year Change | N/A |
| Growth Volatility | 11.06 |
Permanent TSB Group Holdings PLC - Net Assets Trend (2016–2025)
This chart illustrates how Permanent TSB Group Holdings PLC's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Permanent TSB Group Holdings PLC (2016–2025)
The table below shows the annual net assets of Permanent TSB Group Holdings PLC from 2016 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €2.24 Billion | -11.69% |
| 2024-12-31 | €2.53 Billion | +4.67% |
| 2023-12-31 | €2.42 Billion | +19.16% |
| 2022-12-31 | €2.03 Billion | +21.85% |
| 2021-12-31 | €1.67 Billion | -2.34% |
| 2020-12-31 | €1.71 Billion | -9.01% |
| 2019-12-31 | €1.88 Billion | +0.91% |
| 2018-12-31 | €1.86 Billion | -6.59% |
| 2017-12-31 | €1.99 Billion | +0.56% |
| 2016-12-31 | €1.98 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Permanent TSB Group Holdings PLC's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 71.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €1.98 Billion | 88.46% |
| Common Stock | €272.00 Million | 12.16% |
| Other Comprehensive Income | €-818.00 Million | -36.58% |
| Other Components | €804.00 Million | 35.96% |
| Total Equity | €2.24 Billion | 100.00% |
Permanent TSB Group Holdings PLC Competitors by Market Cap
The table below lists competitors of Permanent TSB Group Holdings PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
V2X Inc
NYSE:VVX
|
$1.73 Billion |
|
OXFYY
PINK:OXFYY
|
$1.73 Billion |
|
Genus plc
PINK:GENSY
|
$1.73 Billion |
|
Wuxi Autowell Technology Co Ltd
SHG:688516
|
$1.73 Billion |
|
Nations Technologies Inc
SHE:300077
|
$1.72 Billion |
|
Shanghai Tunnel Engineering Co Ltd
SHG:600820
|
$1.72 Billion |
|
Cohen & Steers Inc
NYSE:CNS
|
$1.72 Billion |
|
Iren S.p.A.
LSE:0MUN
|
$1.72 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Permanent TSB Group Holdings PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,532,000,000 to 2,236,000,000, a change of -296,000,000 (-11.7%).
- Net income of 114,000,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 5,000,000.
- Other factors decreased equity by 405,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €114.00 Million | +5.1% |
| Other Comprehensive Income | €-5.00 Million | -0.22% |
| Other Changes | €-405.00 Million | -18.11% |
| Total Change | €- | -11.69% |
Book Value vs Market Value Analysis
This analysis compares Permanent TSB Group Holdings PLC's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.76x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | €4.35 | €3.11 | x |
| 2017-12-31 | €4.37 | €3.11 | x |
| 2018-12-31 | €4.09 | €3.11 | x |
| 2019-12-31 | €4.12 | €3.11 | x |
| 2020-12-31 | €3.75 | €3.11 | x |
| 2021-12-31 | €3.66 | €3.11 | x |
| 2022-12-31 | €4.33 | €3.11 | x |
| 2023-12-31 | €4.43 | €3.11 | x |
| 2024-12-31 | €4.64 | €3.11 | x |
| 2025-12-31 | €4.10 | €3.11 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Permanent TSB Group Holdings PLC utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 5.10%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.70%
- • Asset Turnover: 0.03x
- • Equity Multiplier: 13.63x
- Recent ROE (5.10%) is above the historical average (0.49%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -13.45% | -42.42% | 0.03x | 11.94x | €-463.80 Million |
| 2017 | 2.01% | 7.13% | 0.02x | 11.45x | €-158.90 Million |
| 2018 | 0.16% | 0.55% | 0.02x | 11.74x | €-182.80 Million |
| 2019 | 1.60% | 6.06% | 0.02x | 10.81x | €-157.50 Million |
| 2020 | -9.50% | -36.73% | 0.02x | 12.30x | €-332.60 Million |
| 2021 | -1.20% | -4.64% | 0.02x | 13.36x | €-186.60 Million |
| 2022 | 10.99% | 44.51% | 0.02x | 12.79x | €20.00 Million |
| 2023 | 2.81% | 8.23% | 0.03x | 11.47x | €-173.90 Million |
| 2024 | 6.40% | 24.18% | 0.02x | 11.43x | €-91.20 Million |
| 2025 | 5.10% | 12.70% | 0.03x | 13.63x | €-109.60 Million |
Industry Comparison
This section compares Permanent TSB Group Holdings PLC's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $639,648,280,556
- Average return on equity (ROE) among peers: 11.73%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Permanent TSB Group Holdings PLC (PTSB) | €2.24 Billion | -13.45% | 12.63x | $1.72 Billion |
| Bper Banca SpA (0MU6) | $9.57 Billion | 15.89% | 13.86x | $12.96 Billion |
| Arbuthnot Banking Group Plc (ARBB) | $-4.83 Million | 0.00% | 0.00x | $17.28K |
| Axis Bank Ltd GDR (AXB) | $1.58 Trillion | 16.75% | 8.64x | $354.81 Million |
| Halyk Bank of Kazakhstan Joint Stock Company (HSBK) | $2.48 Trillion | 28.00% | 5.26x | $2.61 Billion |
| Manx Financial Group Plc (MFX) | $13.17 Million | 9.88% | 10.59x | $3.37K |
| Nationwide Building Society (NBS) | $11.13 Billion | 6.80% | 18.91x | $1.30 Billion |
| SANTANDER UK 8 5/8% NON-CUM STLG PRF (SANB) | $14.41 Billion | 9.68% | 18.80x | $164.51 |
| State Bank of India GDR (SBID) | $1.67 Trillion | 10.18% | 15.18x | $472.37 Billion |
| Shawbrook Group PLC (SHAW) | $690.50 Million | 8.41% | 11.94x | $310.15K |