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Al Rajhi Bank (SAU:1120) Price-to-Tangible-Book : 2.95 (As of Apr. 26, 2024)


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What is Al Rajhi Bank Price-to-Tangible-Book?

As of today (2024-04-26), Al Rajhi Bank's share price is ﷼77.50. Al Rajhi Bank's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was ﷼26.31. Hence, Al Rajhi Bank's Price to Tangible Book Ratio of today is 2.95.

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

SAU:1120' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.81   Med: 2.99   Max: 5.31
Current: 2.95

During the past 13 years, Al Rajhi Bank's highest Price to Tangible Book Ratio was 5.31. The lowest was 1.81. And the median was 2.99.

SAU:1120's Price-to-Tangible-Book is ranked worse than
94.58% of 1438 companies
in the Banks industry
Industry Median: 0.93 vs SAU:1120: 2.95

A closely related ratio is called PB Ratio. As of today, Al Rajhi Bank's share price is ﷼77.50. Al Rajhi Bank's Book Value per Sharefor the quarter that ended in Dec. 2023 was ﷼26.69. Hence, Al Rajhi Bank's P/B Ratio of today is 2.90.


Al Rajhi Bank Price-to-Tangible-Book Historical Data

The historical data trend for Al Rajhi 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.

Al Rajhi Bank Price-to-Tangible-Book Chart

Al Rajhi Bank 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 3.19 3.17 5.31 3.04 3.29

Al Rajhi Bank 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 3.04 3.00 2.87 2.69 3.29

Competitive Comparison of Al Rajhi Bank's Price-to-Tangible-Book

For the Banks - Regional subindustry, Al Rajhi 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.


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

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

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



Al Rajhi Bank Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=77.50/26.312
=2.95

* 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.


Al Rajhi Bank Price-to-Tangible-Book Related Terms

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


Al Rajhi Bank (SAU:1120) Business Description

Traded in Other Exchanges
N/A
Address
8467 King Fahd Road, Unit No. 1, Al Muruj District, Riyadh, SAU, 12263 - 2743
Al Rajhi Bank is an Islamic bank with a network of over 500 branches. Its segments include the Retail segment which includes accepting individual customer deposits, providing credit facilities, customer debit current accounts, fees from banking services, and remittance business; Corporate segment that incorporates deposits of VIP, corporate customer deposits, credit facilities, and debit current accounts, Treasury segment through which it offers treasury services, Murabaha with SAMA and international Mutajara portfolio; and Investment services and brokerage that incorporates investments of individuals and corporate in mutual funds, local and international share trading services and investment portfolios.

Al Rajhi Bank (SAU:1120) Headlines

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