EQB Inc., through its subsidiary, Equitable Bank, provides personal and commercial banking services to retail and commercial customers in Canada. The company accepts term deposits and guaranteed investment certificates, high interest savings accounts, tax-free savings accounts, and institutional deposit notes, as well as specialized financing solutions. Its loan products include residential mortgages; equipment loans; home equity, cash surrender value, and commercial equity lines of credit; business enterprise solutions comprising mixed use, multi-residential properties, retail spaces, office condominiums, and industrial buildings; and asset repositioning, inventory, term, and construction loans. The company also offers digital banking services, as well as a range of banking solutions, including international money transfers, US dollar accounts, and a suite of registered products. The company was formerly known as Equitable Group Inc. and changed its name to EQB Inc. in June 2022. EQB Inc. was founded in 1970 and is headquartered in Toronto, Canada.
P/S ratio for EQB Inc. (EQB.TO)
P/S ratio as of 2023: 0.85
According to EQB Inc.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 0.85. At the end of 2022 the company had a P/S ratio of 2.52.
P/S ratio history for EQB Inc. from 2003 to 2023
P/S ratio at the end of each year
| Year | P/S ratio |
|---|---|
| 2023 | 0.85 |
| 2022 | 2.52 |
| 2021 | 3.64 |
| 2020 | 3.05 |
| 2019 | 3.67 |
| 2018 | 2.60 |
| 2017 | 3.39 |
| 2016 | 3.08 |
| 2015 | 3.07 |
| 2014 | 4.64 |
| 2013 | 4.10 |
| 2012 | 3.02 |
| 2011 | 2.74 |
| 2010 | 3.40 |
| 2009 | 3.14 |
| 2008 | 2.06 |
| 2007 | 5.86 |
| 2006 | 6.71 |
| 2005 | 6.52 |
| 2004 | 8.54 |
| 2003 | 8.26 |