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Insurance House PSC (ADX:IH) Price-to-Tangible-Book : 3.09 (As of Apr. 25, 2024)


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What is Insurance House PSC Price-to-Tangible-Book?

As of today (2024-04-25), Insurance House PSC's share price is د.إ0.939. Insurance House PSC's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was د.إ0.30. Hence, Insurance House PSC's Price to Tangible Book Ratio of today is 3.09.

The historical rank and industry rank for Insurance House PSC's Price-to-Tangible-Book or its related term are showing as below:

ADX:IH' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.63   Med: 0.95   Max: 3.13
Current: 3.13

During the past 11 years, Insurance House PSC's highest Price to Tangible Book Ratio was 3.13. The lowest was 0.63. And the median was 0.95.

ADX:IH's Price-to-Tangible-Book is ranked worse than
80.61% of 459 companies
in the Insurance industry
Industry Median: 1.33 vs ADX:IH: 3.13

A closely related ratio is called PB Ratio. As of today, Insurance House PSC's share price is د.إ0.939. Insurance House PSC's Book Value per Sharefor the quarter that ended in Sep. 2023 was د.إ0.30. Hence, Insurance House PSC's P/B Ratio of today is 3.09.


Insurance House PSC Price-to-Tangible-Book Historical Data

The historical data trend for Insurance House PSC'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.

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Insurance House PSC Price-to-Tangible-Book Chart

Insurance House PSC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.02 0.76 0.71 0.72 0.63

Insurance House PSC Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.79 0.63 1.89 2.80 3.06

Competitive Comparison of Insurance House PSC's Price-to-Tangible-Book

For the Insurance - Diversified subindustry, Insurance House PSC'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.


Insurance House PSC's Price-to-Tangible-Book Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Insurance House PSC's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Insurance House PSC's Price-to-Tangible-Book falls into.



Insurance House PSC Price-to-Tangible-Book Calculation

Insurance House PSC's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Sep. 2023 )
=0.939/0.304
=3.09

* 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.


Insurance House PSC Price-to-Tangible-Book Related Terms

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


Insurance House PSC (ADX:IH) Business Description

Traded in Other Exchanges
N/A
Address
Finance House Building, Zayed 1st Street, P.O.Box 129921, Khalidiya Area, Abu Dhabi, ARE
Insurance House PSC provides various non-life insurance products in the United Arab Emirates. The products and services offered by the company include accidents and civil responsibility insurance, land, marine and air transportation, dangers insurance and health insurance. The company is organized into two business segments comprising Underwriting of general insurance business and Investments. Underwriting of general insurance business segment incorporates all classes of general insurance, fire, marine, motor, general accident and medical. Investments segment incorporates investments in UAE marketable equity securities, term deposits with banks, overseas managed portfolios, and other securities.

Insurance House PSC (ADX:IH) Headlines