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Dar eslaam Stock Exchange (DAR:DSE) PB Ratio : (As of May. 24, 2024)


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What is Dar eslaam Stock Exchange 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 (2024-05-24), Dar eslaam Stock Exchange's share price is TZS1860.00. Dar eslaam Stock Exchange's Book Value per Share for the fiscal year that ended in . 20 was TZS0.00. Hence, Dar eslaam Stock Exchange's PB Ratio of today is .

The historical rank and industry rank for Dar eslaam Stock Exchange's PB Ratio or its related term are showing as below:

DAR:DSE's PB Ratio is not ranked *
in the Capital Markets industry.
Industry Median: 1.325
* Ranked among companies with meaningful PB Ratio only.

Back to Basics: PB Ratio


Dar eslaam Stock Exchange PB Ratio Historical Data

The historical data trend for Dar eslaam Stock Exchange'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.

Dar eslaam Stock Exchange PB Ratio Chart

Dar eslaam Stock Exchange Annual Data
Trend
PB Ratio

Dar eslaam Stock Exchange Semi-Annual Data
PB Ratio

Competitive Comparison of Dar eslaam Stock Exchange's PB Ratio

For the Financial Data & Stock Exchanges subindustry, Dar eslaam Stock Exchange'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.


Dar eslaam Stock Exchange's PB Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Dar eslaam Stock Exchange's PB Ratio distribution charts can be found below:

* The bar in red indicates where Dar eslaam Stock Exchange's PB Ratio falls into.



Dar eslaam Stock Exchange 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.

Dar eslaam Stock Exchange's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (A: . 20)
=1860.00/
=

* 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.


Dar eslaam Stock Exchange  (DAR:DSE) 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.


Dar eslaam Stock Exchange PB Ratio Related Terms

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


Dar eslaam Stock Exchange (DAR:DSE) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
6 Ufukoni Street, 3 rd Floor, NHC Corporate Office, Kambarage House, Dar es Salaam, TZA
Dar es Salaam Stock Exchange PLC provides securities markets to investors who intend to invest in the listed companies. Its business includes listing, trading, clearing, and settlement of equities, bonds, and other stock markets-related products and services.