As of today (2024-04-23), Abu Dhabi Commercial Bank's share price is د.إ8.24. Abu Dhabi Commercial Bank's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was د.إ8.77. Hence, Abu Dhabi Commercial Bank's Price to Tangible Book Ratio of today is 0.94.
The historical rank and industry rank for Abu Dhabi Commercial Bank's Price-to-Tangible-Book or its related term are showing as below:
ADX:ADCB'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.88 Med: 1.15 Max: 1.38
Current: 0.94
During the past 13 years, Abu Dhabi Commercial Bank's highest Price to Tangible Book Ratio was 1.38. The lowest was 0.88. And the median was 1.15.
ADX:ADCB's Price-to-Tangible-Book is ranked worse than 51.46% of 1440
companies
in the Banks industry
Industry Median: 0.92
vs ADX:ADCB: 0.94
A closely related ratio is called PB Ratio. As of today, Abu Dhabi Commercial Bank's share price is د.إ8.24. Abu Dhabi Commercial Bank's Book Value per Sharefor the quarter that ended in Dec. 2023 was د.إ9.73. Hence, Abu Dhabi Commercial Bank's P/B Ratio of today is 0.85.
Abu Dhabi Commercial Bank Price-to-Tangible-Book Historical Data
The historical data trend for Abu Dhabi Commercial Bank'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.
For the Banks - Regional subindustry, Abu Dhabi Commercial Bank'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.
Abu Dhabi Commercial Bank Price-to-Tangible-Book Distribution
For the Banks industry and Financial Services sector, Abu Dhabi Commercial Bank's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Abu Dhabi Commercial Bank's Price-to-Tangible-Book falls into.
Abu Dhabi Commercial Bank Price-to-Tangible-Book Calculation
Abu Dhabi Commercial Bank's price-to-tangible-book ratio for today is calculated as:
* 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 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.
Abu Dhabi Commercial Bank Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Abu Dhabi Commercial Bank's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Abu Dhabi Commercial Bank (ADX:ADCB) Business Description
Abu Dhabi Commercial Bank is a full-service commercial bank that operates in and has nearly the entirety of its loan book exposed to the United Arab Emirates. The bank's five business groups include Retail banking, Private banking, Wholesale banking, Investments and treasury, and Property management. It generates maximum revenue from the Wholesale banking segment. The Wholesale banking segment comprises business banking, cash management, trade finance, corporate finance, small and medium enterprise financing, investment banking, Islamic financing, infrastructure and asset finance, government, and public enterprises. It also includes loans, deposits and other transactions and balances with corporate customers.
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