Watania International Holding PJSC (DFM:WATANIA) Price-to-Tangible-Book : 1.05 (As of Apr. 25, 2024)

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What is Watania International Holding PJSC Price-to-Tangible-Book?

As of today (2024-04-25), Watania International Holding PJSC's share price is د.إ0.59. Watania International Holding PJSC's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was د.إ0.56. Hence, Watania International Holding PJSC's Price to Tangible Book Ratio of today is 1.05.

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

DFM:WATANIA' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.56 Med: 1.1 Max: 2.67
Current: 1.05

During the past 13 years, Watania International Holding PJSC's highest Price to Tangible Book Ratio was 2.67. The lowest was 0.56. And the median was 1.10.

DFM:WATANIA's Price-to-Tangible-Book is ranked better than
63.18% of 459 companies
in the Insurance industry
Industry Median: 1.33 vs DFM:WATANIA: 1.05

A closely related ratio is called PB Ratio. As of today, Watania International Holding PJSC's share price is د.إ0.59. Watania International Holding PJSC's Book Value per Sharefor the quarter that ended in Dec. 2023 was د.إ0.88. Hence, Watania International Holding PJSC's P/B Ratio of today is 0.67.

Watania International Holding PJSC Price-to-Tangible-Book Historical Data

The historical data trend for Watania International Holding 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.

Watania International Holding PJSC Price-to-Tangible-Book Chart

Watania International Holding PJSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.62

2.67

2.66

1.42

1.07

Watania International Holding PJSC 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															1.42	1.43	1.53	1.23	1.07

Competitive Comparison of Watania International Holding PJSC's Price-to-Tangible-Book

For the Insurance - Diversified subindustry, Watania International Holding 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.

Watania International Holding PJSC's Price-to-Tangible-Book Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Watania International Holding PJSC's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Watania International Holding PJSC's Price-to-Tangible-Book falls into.

Watania International Holding PJSC Price-to-Tangible-Book Calculation

Watania International Holding 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 )
	=	0.59	/	0.563
	=	1.05

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.

Watania International Holding PJSC Price-to-Tangible-Book Related Terms

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

Watania International Holding PJSC (DFM:WATANIA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Watania International Holding PJSC (DFM:WATANIA) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

15th Floor, O-14 Tower, Marasi Drive, Business Bay, P.O. Box 235353, Dubai, ARE

Website

https://www.dat.ae

Watania International Holding PJSC Formerly Dar Al Takaful PJSC is an Islamic Insurance company providing insurance services. The group mainly issues long-term and short-term takaful contracts in connection with life and non-life takaful such as motor, marine, fire, engineering, medical, and general accident risks. The company offers a broad range of takaful general and customized Islamic insurance products and services to individuals, families, and companies in the UAE. Its main business segments include general, family life, and medical insurance. The group also invests its funds in investment securities.

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