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Bank Asia (DHA:BANKASIA) Price-to-Tangible-Book : 0.70 (As of May. 04, 2024)


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What is Bank Asia Price-to-Tangible-Book?

As of today (2024-05-04), Bank Asia's share price is BDT18.40. Bank Asia's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was BDT26.26. Hence, Bank Asia's Price to Tangible Book Ratio of today is 0.70.

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

DHA:BANKASIA' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.67   Med: 0.84   Max: 1.1
Current: 0.7

During the past 11 years, Bank Asia's highest Price to Tangible Book Ratio was 1.10. The lowest was 0.67. And the median was 0.84.

DHA:BANKASIA's Price-to-Tangible-Book is ranked better than
70.6% of 1439 companies
in the Banks industry
Industry Median: 0.93 vs DHA:BANKASIA: 0.70

A closely related ratio is called PB Ratio. As of today, Bank Asia's share price is BDT18.40. Bank Asia's Book Value per Sharefor the quarter that ended in Sep. 2023 was BDT26.26. Hence, Bank Asia's P/B Ratio of today is 0.70.


Bank Asia Price-to-Tangible-Book Historical Data

The historical data trend for Bank Asia'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.

Bank Asia Price-to-Tangible-Book Chart

Bank Asia 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 0.85 0.86 0.78 0.94 0.83

Bank Asia 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 0.82 0.83 0.85 0.78 0.77

Competitive Comparison of Bank Asia's Price-to-Tangible-Book

For the Banks - Regional subindustry, Bank Asia'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.


Bank Asia's Price-to-Tangible-Book Distribution in the Banks Industry

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

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



Bank Asia Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Sep. 2023 )
=18.40/26.255
=0.70

* 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.


Bank Asia Price-to-Tangible-Book Related Terms

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


Bank Asia (DHA:BANKASIA) Business Description

Traded in Other Exchanges
N/A
Address
32 & 34 Kazi Nazrul Islam Avenue, Bank Asia Tower, Karwan Bazar, Dhaka, BGD, 1215
Bank Asia Ltd is a Bangladesh-based Bank. The bank provides various banking products and services such as mobile banking, ATM services, credit card facilities, internet banking, foreign currency account, and other services. Its principal activities are to provide all kinds of conventional and Islamic commercial banking services to its customers through its branches, Islamic windows, SME centers, and alternative delivery channels. The segments of the company within Bangladesh are Conventional Banking, Islamic Banking, and Off-shore Banking unit, of which key revenue is derived from the Conventional Banking unit. It has a business presence in Bangladesh and other countries.

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