AB Bank (DHA:ABBANK) Price-to-Tangible-Book

: 0.29 (As of Today)

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As of today (2024-04-24), AB Bank's share price is BDT8.30. AB Bank's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was BDT28.86. Hence, AB Bank's Price to Tangible Book Ratio of today is 0.29.

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

DHA:ABBANK' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.22 Med: 0.41 Max: 0.82
Current: 0.29

During the past 13 years, AB Bank's highest Price to Tangible Book Ratio was 0.82. The lowest was 0.22. And the median was 0.41.

DHA:ABBANK's Price-to-Tangible-Book is ranked better than
93.75% of 1439 companies
in the Banks industry
Industry Median: 0.93 vs DHA:ABBANK: 0.29

A closely related ratio is called PB Ratio. As of today, AB Bank's share price is BDT8.30. AB Bank's Book Value per Sharefor the quarter that ended in Sep. 2023 was BDT30.04. Hence, AB Bank's P/B Ratio of today is 0.28.

AB Bank Price-to-Tangible-Book Historical Data

The historical data trend for AB 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.

* Premium members only.

AB Bank Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Price-to-Tangible-Book

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0.38

0.25

0.38

0.44

0.33

AB Bank 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															0.35	0.33	0.35	0.34	0.34

Competitive Comparison

For the Banks - Regional subindustry, AB 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.

AB Bank Price-to-Tangible-Book Distribution

For the Banks industry and Financial Services sector, AB Bank's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where AB Bank's Price-to-Tangible-Book falls into.

AB Bank Price-to-Tangible-Book Calculation

AB Bank's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Sep. 2023 )
	=	8.30	/	28.856
	=	0.29

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.

AB Bank Price-to-Tangible-Book Related Terms

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

AB Bank (DHA:ABBANK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » AB Bank PLC (DHA:ABBANK) » Definitions » Price-to-Tangible-Book

Traded in Other Exchanges

N/A

Address

The Skymark, 18 Gulshan Avenue, Gulshan-1, Dhaka, BGD, 1212

Website

https://www.abbl.com

AB Bank PLC, together with its subsidiaries, provides various financial products and services in Bangladesh and international markets. The company also provides personal, auto, education, and home loans. AB offers a wide range of depository and loan products to cater to virtually every customer segment. From Student Banking to Priority Banking AB approximately has all banking products in its stock. It also provides Small and Medium Enterprise (SME) credit, Women's Entrepreneur, Consumer Loans, Debit and Credit Cards (Local and International), ATMs, Internet and SMS Banking, Remittance Services, Treasury Products and Services, Structured Finance for Corporate, strengthening and expanding its Islamic Banking activities, Investment Banking.

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