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Invest Bank (AMM:INVB) PB Ratio : 0.69 (As of Jun. 23, 2024)


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What is Invest Bank PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-06-23), Invest Bank's share price is JOD1.48. Invest Bank's Book Value per Share for the quarter that ended in Mar. 2024 was JOD2.15. Hence, Invest Bank's PB Ratio of today is 0.69.

Good Sign:

Invest Bank stock PB Ratio (=0.69) is close to 10-year low of 0.66

The historical rank and industry rank for Invest Bank's PB Ratio or its related term are showing as below:

AMM:INVB' s PB Ratio Range Over the Past 10 Years
Min: 0.66   Med: 0.82   Max: 1.2
Current: 0.69

During the past 13 years, Invest Bank's highest PB Ratio was 1.20. The lowest was 0.66. And the median was 0.82.

AMM:INVB's PB Ratio is ranked better than
66.85% of 1472 companies
in the Banks industry
Industry Median: 0.84 vs AMM:INVB: 0.69

During the past 12 months, Invest Bank's average Book Value Per Share Growth Rate was 6.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 5.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 3.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 3.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Invest Bank was 6.10% per year. The lowest was 0.90% per year. And the median was 3.60% per year.

Back to Basics: PB Ratio


Invest Bank PB Ratio Historical Data

The historical data trend for Invest Bank's PB Ratio 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.

Invest Bank PB Ratio Chart

Invest Bank Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.73 0.68 0.80 0.81 0.74

Invest Bank Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
PB Ratio 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 0.77 0.81 0.75 0.74 0.70

Competitive Comparison of Invest Bank's PB Ratio

For the Banks - Regional subindustry, Invest Bank's PB Ratio, along with its competitors' market caps and PB Ratio 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.


Invest Bank's PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Invest Bank's PB Ratio distribution charts can be found below:

* The bar in red indicates where Invest Bank's PB Ratio falls into.



Invest Bank PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Invest Bank's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=1.48/2.145
=0.69

* 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 Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


Invest Bank  (AMM:INVB) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Invest Bank PB Ratio Related Terms

Thank you for viewing the detailed overview of Invest Bank's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Invest Bank (AMM:INVB) Business Description

Traded in Other Exchanges
N/A
Address
Abdul Hameed Sharaf Street, P.O. Box 950601, Building No. 43, Shmesani, Amman, JOR, 11195
Investment Bank operates in the financial industry. The company's operating segment includes Individuals; Corporates; Treasury; Financial brokerage; Finance leasing; Management of bounded, Factoring of receivables, and others. Retail accounts Include handling individual customers' deposits and providing credit facilities, credit cards, and other services. The Treasury includes providing trading and treasury services and the management of the Bank's funds. Geographically, it operates in Jordan but also has an international presence.

Invest Bank (AMM:INVB) Headlines