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Union Bancaire Pour Le Commerce Et I` Industrie Bourse (XTUN:UBCI) PB Ratio : 0.08 (As of May. 15, 2024)


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What is Union Bancaire Pour Le Commerce Et I` Industrie Bourse PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-05-15), Union Bancaire Pour Le Commerce Et I` Industrie Bourse's share price is TND21.60. Union Bancaire Pour Le Commerce Et I` Industrie Bourse's Book Value per Share for the quarter that ended in Dec. 2023 was TND263.98. Hence, Union Bancaire Pour Le Commerce Et I` Industrie Bourse's PB Ratio of today is 0.08.

Good Sign:

Union Bancaire Pour Le Commerce Et I` Industrie Bourse stock PB Ratio (=0.08) is close to 5-year low of 0.08

The historical rank and industry rank for Union Bancaire Pour Le Commerce Et I` Industrie Bourse's PB Ratio or its related term are showing as below:

XTUN:UBCI' s PB Ratio Range Over the Past 10 Years
Min: 0.08   Med: 0.09   Max: 0.1
Current: 0.08

During the past 4 years, Union Bancaire Pour Le Commerce Et I` Industrie Bourse's highest PB Ratio was 0.10. The lowest was 0.08. And the median was 0.09.

XTUN:UBCI's PB Ratio is ranked better than
99.45% of 1458 companies
in the Banks industry
Industry Median: 0.85 vs XTUN:UBCI: 0.08

During the past 12 months, Union Bancaire Pour Le Commerce Et I` Industrie Bourse's average Book Value Per Share Growth Rate was 3.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 5.00% per year.

During the past 4 years, the highest 3-Year average Book Value Per Share Growth Rate of Union Bancaire Pour Le Commerce Et I` Industrie Bourse was 5.00% per year. The lowest was 5.00% per year. And the median was 5.00% per year.

Back to Basics: PB Ratio


Union Bancaire Pour Le Commerce Et I` Industrie Bourse PB Ratio Historical Data

The historical data trend for Union Bancaire Pour Le Commerce Et I` Industrie Bourse's PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Union Bancaire Pour Le Commerce Et I` Industrie Bourse PB Ratio Chart

Union Bancaire Pour Le Commerce Et I` Industrie Bourse Annual Data
Trend Dec20 Dec21 Dec22 Dec23
PB Ratio
0.09 0.09 0.09 0.09

Union Bancaire Pour Le Commerce Et I` Industrie Bourse Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
PB Ratio Get a 7-Day Free Trial 0.09 0.09 0.09 0.09 0.09

Competitive Comparison of Union Bancaire Pour Le Commerce Et I` Industrie Bourse's PB Ratio

For the Banks - Regional subindustry, Union Bancaire Pour Le Commerce Et I` Industrie Bourse's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Union Bancaire Pour Le Commerce Et I` Industrie Bourse's PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Union Bancaire Pour Le Commerce Et I` Industrie Bourse's PB Ratio distribution charts can be found below:

* The bar in red indicates where Union Bancaire Pour Le Commerce Et I` Industrie Bourse's PB Ratio falls into.



Union Bancaire Pour Le Commerce Et I` Industrie Bourse PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Union Bancaire Pour Le Commerce Et I` Industrie Bourse's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=21.60/263.981
=0.08

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


Union Bancaire Pour Le Commerce Et I` Industrie Bourse  (XTUN:UBCI) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Union Bancaire Pour Le Commerce Et I` Industrie Bourse PB Ratio Related Terms

Thank you for viewing the detailed overview of Union Bancaire Pour Le Commerce Et I` Industrie Bourse's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Union Bancaire Pour Le Commerce Et I` Industrie Bourse (XTUN:UBCI) Business Description

Traded in Other Exchanges
N/A
Address
139 Liberty Avenue, Belvedere, Tunis, TUN, 1002
Union Bancaire Pour Le Commerce Et I` Industrie Bourse engages in the provision of banking and financial services. It offers private, corporate, and institutional banking solutions; cash management; investment banking; international trade; and financial engineering and services such as credit cards and insurances.

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