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Arab Palestinian Investment Co (XPAE:APIC) Price-to-Tangible-Book : 2.07 (As of Apr. 26, 2024)


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What is Arab Palestinian Investment Co Price-to-Tangible-Book?

As of today (2024-04-26), Arab Palestinian Investment Co's share price is $2.59. Arab Palestinian Investment Co's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was $1.25. Hence, Arab Palestinian Investment Co's Price to Tangible Book Ratio of today is 2.07.

The historical rank and industry rank for Arab Palestinian Investment Co's Price-to-Tangible-Book or its related term are showing as below:

XPAE:APIC' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.75   Med: 1.95   Max: 3.26
Current: 2.07

During the past 10 years, Arab Palestinian Investment Co's highest Price to Tangible Book Ratio was 3.26. The lowest was 0.75. And the median was 1.95.

XPAE:APIC's Price-to-Tangible-Book is ranked worse than
70.44% of 477 companies
in the Conglomerates industry
Industry Median: 1.17 vs XPAE:APIC: 2.07

A closely related ratio is called PB Ratio. As of today, Arab Palestinian Investment Co's share price is $2.59. Arab Palestinian Investment Co's Book Value per Sharefor the quarter that ended in Sep. 2023 was $1.63. Hence, Arab Palestinian Investment Co's P/B Ratio of today is 1.59.


Arab Palestinian Investment Co Price-to-Tangible-Book Historical Data

The historical data trend for Arab Palestinian Investment Co'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.

Arab Palestinian Investment Co Price-to-Tangible-Book Chart

Arab Palestinian Investment Co 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 1.95 1.58 2.21 2.69 3.02

Arab Palestinian Investment Co 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 3.05 3.02 2.81 2.60 2.41

Competitive Comparison of Arab Palestinian Investment Co's Price-to-Tangible-Book

For the Conglomerates subindustry, Arab Palestinian Investment Co'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.


Arab Palestinian Investment Co's Price-to-Tangible-Book Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Arab Palestinian Investment Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Arab Palestinian Investment Co's Price-to-Tangible-Book falls into.



Arab Palestinian Investment Co Price-to-Tangible-Book Calculation

Arab Palestinian Investment Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Sep. 2023 )
=2.59/1.251
=2.07

* 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.


Arab Palestinian Investment Co Price-to-Tangible-Book Related Terms

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


Arab Palestinian Investment Co (XPAE:APIC) Business Description

Traded in Other Exchanges
N/A
Address
Al-Ayyam Street, Palestine Automobile Co. Building, 3rd Floor, P.O.Box 2190, Ramallah, PSE
Arab Palestinian Investment Co is an investment holding company. The company through its subsidiaries is involved in the manufacturing, distribution, and service sectors in Palestine, Jordan, Saudi Arabia, Gabon, and Cameroon. It focuses on the production of food and aluminum profiles, as well as general trading. The company also distributes pharmaceuticals, medical and laboratory equipment, surgical and disposable items, and fast-moving consumer goods; and a range of passenger cars, trucks, and vans, as well as operates shopping centers.

Arab Palestinian Investment Co (XPAE:APIC) Headlines

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