Palms Sports PJSC (ADX:PALMS) Price-to-Tangible-Book

: 3.72 (As of Today)

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As of today (2024-04-24), Palms Sports PJSC's share price is د.إ12.00. Palms Sports PJSC's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was د.إ3.22. Hence, Palms Sports PJSC's Price to Tangible Book Ratio of today is 3.72.

The historical rank and industry rank for Palms Sports PJSC's Price-to-Tangible-Book or its related term are showing as below:

ADX:PALMS' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 3.18 Med: 4.03 Max: 5.57
Current: 3.73

During the past 3 years, Palms Sports PJSC's highest Price to Tangible Book Ratio was 5.57. The lowest was 3.18. And the median was 4.03.

ADX:PALMS's Price-to-Tangible-Book is ranked worse than
72.29% of 664 companies
in the Travel & Leisure industry
Industry Median: 1.885 vs ADX:PALMS: 3.73

A closely related ratio is called PB Ratio. As of today, Palms Sports PJSC's share price is د.إ12.00. Palms Sports PJSC's Book Value per Sharefor the quarter that ended in Dec. 2023 was د.إ3.81. Hence, Palms Sports PJSC's P/B Ratio of today is 3.15.

Palms Sports PJSC Price-to-Tangible-Book Historical Data

The historical data trend for Palms Sports PJSC'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.

Palms Sports PJSC Annual Data

Trend

Dec21

Dec22

Dec23

Price-to-Tangible-Book

5.57

3.18

4.03

Palms Sports PJSC Quarterly Data
	Jun20	Sep20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial									3.18	3.25	3.01	4.12	4.03

Competitive Comparison

For the Leisure subindustry, Palms Sports PJSC'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.

Palms Sports PJSC Price-to-Tangible-Book Distribution

For the Travel & Leisure industry and Consumer Cyclical sector, Palms Sports PJSC's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Palms Sports PJSC's Price-to-Tangible-Book falls into.

Palms Sports PJSC Price-to-Tangible-Book Calculation

Palms Sports PJSC's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	12.00	/	3.224
	=	3.72

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.

Palms Sports PJSC Price-to-Tangible-Book Related Terms

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Palms Sports PJSC (ADX:PALMS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Palms Sports PJSC (ADX:PALMS) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Eastern Ring Road, 4th Floor, Royal Group Head Office, P.O. 39877, Ministries Complex, Abu Dhabi, ARE

Website

http://www.palmssports.com

Palms Sports PJSC is a sports management and marketing company. The company is one of the leading providers of sports training programs, with a competitive edge with regard to Jiu-Jitsu, mixed martial arts, and combat sports. Also, the company provides event management services, media management, public relations, and promotion services.

Palms Sports PJSC (ADX:PALMS) Headlines

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