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Takaful Al Emarat (DFM:TAKAFUL-EM) Price-to-Tangible-Book : (As of Apr. 25, 2024)


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What is Takaful Al Emarat Price-to-Tangible-Book?

As of today (2024-04-25), Takaful Al Emarat's share price is د.إ0.536. Takaful Al Emarat's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was د.إ-0.27. Hence, Takaful Al Emarat's Price to Tangible Book Ratio of today is .

The historical rank and industry rank for Takaful Al Emarat's Price-to-Tangible-Book or its related term are showing as below:

During the past 13 years, Takaful Al Emarat's highest Price to Tangible Book Ratio was 2.71. The lowest was 1.11. And the median was 1.90.

DFM:TAKAFUL-EM's Price-to-Tangible-Book is not ranked *
in the Insurance industry.
Industry Median: 1.33
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Takaful Al Emarat's share price is د.إ0.536. Takaful Al Emarat's Book Value per Sharefor the quarter that ended in Dec. 2023 was د.إ-0.26. Hence, Takaful Al Emarat's P/B Ratio of today is .


Takaful Al Emarat Price-to-Tangible-Book Historical Data

The historical data trend for Takaful Al Emarat'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.

Takaful Al Emarat Price-to-Tangible-Book Chart

Takaful Al Emarat Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.91 2.17 1.42 - -

Takaful Al Emarat 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 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 - 0.72 1.21 3.36 -

Competitive Comparison of Takaful Al Emarat's Price-to-Tangible-Book

For the Insurance - Specialty subindustry, Takaful Al Emarat'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.


Takaful Al Emarat's Price-to-Tangible-Book Distribution in the Insurance Industry

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

* The bar in red indicates where Takaful Al Emarat's Price-to-Tangible-Book falls into.



Takaful Al Emarat Price-to-Tangible-Book Calculation

Takaful Al Emarat's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=0.536/-0.268
=

* 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.


Takaful Al Emarat Price-to-Tangible-Book Related Terms

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


Takaful Al Emarat (DFM:TAKAFUL-EM) Business Description

Traded in Other Exchanges
N/A
Address
Sheikh Rashid Road, Spectrum Building, Offices No. 304 & 305, 3rd floor, P.O. Box No. 57589, Umm Al Sheif, Oud Metha, Dubai, ARE
Takaful Al Emarat is engaged in providing insurance business in the United Arab Emirates. The company provides health insurance, life insurance, and credit and saving insurance. Under personal insurance, it provides level term plans, a decreasing term plan, takaful growth plan, whole life plan, educational plan, wealth plan, and Travel protection plan. Its segments are organized in takaful operations that include takaful business and investment operations consist of investments and cash management for the company.

Takaful Al Emarat (DFM:TAKAFUL-EM) Headlines

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