National Industries Group HoldingK (DFM:NIND) Price-to-Tangible-Book : 1.54 (As of May. 04, 2024)

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What is National Industries Group HoldingK Price-to-Tangible-Book?

As of today (2024-05-04), National Industries Group HoldingK's share price is د.إ3.89. National Industries Group HoldingK's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was د.إ2.53. Hence, National Industries Group HoldingK's Price to Tangible Book Ratio of today is 1.54.

The historical rank and industry rank for National Industries Group HoldingK's Price-to-Tangible-Book or its related term are showing as below:

DFM:NIND' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.45 Med: 0.69 Max: 1.04
Current: 1.04

During the past 13 years, National Industries Group HoldingK's highest Price to Tangible Book Ratio was 1.04. The lowest was 0.45. And the median was 0.69.

DFM:NIND's Price-to-Tangible-Book is ranked better than
56.09% of 476 companies
in the Conglomerates industry
Industry Median: 1.165 vs DFM:NIND: 1.04

A closely related ratio is called PB Ratio. As of today, National Industries Group HoldingK's share price is د.إ3.89. National Industries Group HoldingK's Book Value per Sharefor the quarter that ended in Dec. 2023 was د.إ2.64. Hence, National Industries Group HoldingK's P/B Ratio of today is 1.47.

National Industries Group HoldingK Price-to-Tangible-Book Historical Data

The historical data trend for National Industries Group HoldingK's Price-to-Tangible-Book 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.

National Industries Group HoldingK Price-to-Tangible-Book Chart

National Industries Group HoldingK Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.00

1.04

1.13

1.17

National Industries Group HoldingK Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															1.13	1.16	1.21	1.21	1.17

Competitive Comparison of National Industries Group HoldingK's Price-to-Tangible-Book

For the Conglomerates subindustry, National Industries Group HoldingK's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.

National Industries Group HoldingK's Price-to-Tangible-Book Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, National Industries Group HoldingK's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where National Industries Group HoldingK's Price-to-Tangible-Book falls into.

National Industries Group HoldingK Price-to-Tangible-Book Calculation

National Industries Group HoldingK's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	3.89	/	2.529
	=	1.54

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

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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

Be Aware

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

National Industries Group HoldingK Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of National Industries Group HoldingK's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

National Industries Group HoldingK (DFM:NIND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » National Industries Group Holding SAK (DFM:NIND) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

NIND:Kuwait

Address

Shuwaikh - Jahra Road Interchange, P.O. Box 417, Beside kuwait Red Cresent Society, Safat, Kuwait City, KWT, 13005

Website

http://www.nig.com.kw

National Industries Group Holding SAK operates in investment and shares, building materials, petrochemicals, oil and gas services, mechanical industries, utilities, real estate infrastructure and financial services. The company has four segments: Investments, Building materials, Specialist engineering and chemical and Hotel and IT services. Geographically, it generates majority revenue from the Kuwait region.

National Industries Group HoldingK (DFM:NIND) Headlines

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