Emirates Driving Co PJSC (ADX:DRIVE) Book Value per Share : د.إ5.99 (As of Sep. 2023)

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What is Emirates Driving Co PJSC Book Value per Share?

Emirates Driving Co PJSC's book value per share for the quarter that ended in Sep. 2023 was د.إ5.99.

During the past 12 months, Emirates Driving Co PJSC's average Book Value Per Share Growth Rate was 18.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 12.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 8.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 11.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Emirates Driving Co PJSC was 38.70% per year. The lowest was 5.30% per year. And the median was 12.20% per year.

Emirates Driving Co PJSC's current price is د.إ2.93. Its book value per share for the quarter that ended in Sep. 2023 was د.إ5.99. Hence, today's PB Ratio of Emirates Driving Co PJSC is 0.49.

During the past 13 years, the highest P/B Ratio of Emirates Driving Co PJSC was 3.51. The lowest was 0.50. And the median was 1.66.

Good Sign:

Emirates Driving Co PJSC stock PB Ratio (=0.5) is close to 10-year low of 0.5

Emirates Driving Co PJSC Book Value per Share Historical Data

The historical data trend for Emirates Driving Co PJSC's Book Value per Share 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.

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Emirates Driving Co PJSC Book Value per Share Chart

Emirates Driving Co PJSC Annual Data

Trend

Dec12

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Book Value per Share

Get a 7-Day Free Trial

3.63

3.83

4.04

4.49

5.41

Emirates Driving Co PJSC Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Book Value per Share	Get a 7-Day Free Trial															5.04	5.41	5.26	5.61	5.99

Competitive Comparison of Emirates Driving Co PJSC's Book Value per Share

For the Education & Training Services subindustry, Emirates Driving Co PJSC'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.

Emirates Driving Co PJSC's PB Ratio Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Emirates Driving Co PJSC's PB Ratio distribution charts can be found below:

* The bar in red indicates where Emirates Driving Co PJSC's PB Ratio falls into.

Emirates Driving Co PJSC Book Value per Share Calculation

Emirates Driving Co PJSC's Book Value Per Share for the fiscal year that ended in Dec. 2022 is calculated as:

Book Value Per Share	=	(Total Stockholders Equity	-	Preferred Stock)	/	Shares Outstanding (EOP)
	=	(971.8	-	0.0)	/	179.6
	=	5.41

Emirates Driving Co PJSC's Book Value Per Share for the quarter that ended in Sep. 2023 is calculated as:

Book Value Per Share	=	(Total Stockholders Equity	-	Preferred Stock)	/	Shares Outstanding (EOP)
	=	(1,075.5	-	0.0)	/	179.6
	=	5.99

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.

Emirates Driving Co PJSC (ADX:DRIVE) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.

Emirates Driving Co PJSC Book Value per Share Related Terms

Thank you for viewing the detailed overview of Emirates Driving Co PJSC's Book Value per Share provided by GuruFocus.com. Please click on the following links to see related term pages.

Emirates Driving Co PJSC (ADX:DRIVE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Emirates Driving Co PJSC (ADX:DRIVE) » Definitions » Book Value per Share

Comparable Companies

Traded in Other Exchanges

N/A

Address

Street no. 17 Mussaffah Industrial Area, Abu Dhabi, ARE

Website

https://www.edcad.ae

Emirates Driving Co PJSC is the driver's training and road safety institute in Abu Dhabi. The company and its subsidiaries are engaged in the management and development of motor vehicle driving training and services. The company offers these services to the national and expatriates living in the country. The firm generates its revenue from training and testing services.

Emirates Driving Co PJSC (ADX:DRIVE) Headlines

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