Dubai Financial Market PJSC (DFM:DFM) PB Ratio: 1.35 (As of Jun. 27, 2026) — Near Median


DFM:DFM Dubai Financial Market PJSC DFM:DFM
97 GF Score
Price د.إ1.50
GF Value د.إ1.88
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Dubai Financial Market PJSC PB Ratio?

Dubai Financial Market PJSC DFM:DFM 97 PB Ratio is 1.35 as of Jun. 27, 2026, which is 8% above its 10-year median of 1.25. GuruFocus rates DFM:DFM with a GF Score™ of 97/100 and a GF Value™ of د.إ1.88 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 778 Capital Markets companies, Dubai Financial Market PJSC ranks worse than 50.9% on this metric.

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 (2026-06-27), Dubai Financial Market PJSC's share price is د.إ1.50. Dubai Financial Market PJSC's Book Value per Share for the quarter that ended in Mar. 2026 was د.إ1.11. Hence, Dubai Financial Market PJSC's PB Ratio of today is 1.35.

The historical rank and industry rank for Dubai Financial Market PJSC's PB Ratio or its related term are showing as below:

DFM:DFM' s PB Ratio Range Over the Past 10 Years
Min: 0.53   Med: 1.25   Max: 2.9
Current: 1.34

During the past 13 years, Dubai Financial Market PJSC's highest PB Ratio was 2.90. The lowest was 0.53. And the median was 1.25.

DFM:DFM's PB Ratio is ranked worse than
50.9% of 778 companies
in the Capital Markets industry
Industry Median: 1.29 vs DFM:DFM: 1.34

During the past 12 months, Dubai Financial Market PJSC's average Book Value Per Share Growth Rate was 2.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 6.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 3.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 1.10% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Dubai Financial Market PJSC was 379.00% per year. The lowest was -8.00% per year. And the median was 0.70% per year.

Back to Basics: PB Ratio


Dubai Financial Market PJSC  (DFM:DFM) 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.


Dubai Financial Market PJSC PB Ratio Related Terms


Dubai Financial Market PJSC PB Ratio Historical Data

* Premium members only.

The historical data trend for Dubai Financial Market PJSC'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.

Dubai Financial Market PJSC PB Ratio Chart

Dubai Financial Market PJSC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.86 1.52 1.36 1.40 1.40

Dubai Financial Market PJSC Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.23 1.48 1.38 1.40 1.26

DFM:DFM vs SPGI, CME, ICE: PB Ratio Comparison

For the Financial Data & Stock Exchanges subindustry, Dubai Financial Market PJSC'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.


Dubai Financial Market PJSC PB Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Dubai Financial Market PJSC's PB Ratio distribution charts can be found below:

* The bar in red indicates where Dubai Financial Market PJSC's PB Ratio falls into.


DFM:DFM
97GF Score
Dubai Financial Market PJSC DFM:DFM
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Dubai Financial Market PJSC 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.

Dubai Financial Market PJSC's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=1.50/1.113
=1.35

* 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.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 1.35 mean?
Dubai Financial Market PJSC (DFM:DFM) has a PB Ratio of 1.35 as of Jun. 27, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Dubai Financial Market PJSC and its competitors. This is near median its historical median of 1.25. Over the past decade, Dubai Financial Market PJSC's PB Ratio has ranged from 0.53 to 2.90. According to the industry distribution chart, Dubai Financial Market PJSC ranks #396 out of 778 companies in the Capital Markets industry, placing it in the top 50.9%.
Is Dubai Financial Market PJSC's PB Ratio too high?
Dubai Financial Market PJSC's current PB Ratio of 1.35 is near median its 10-year median of 1.25. Over the past 10 years, this metric has ranged from a low of 0.53 to a high of 2.90. The Capital Markets industry median PB Ratio is 1.29. Dubai Financial Market PJSC's value of 1.35 is 4.7% above this industry median. Based on the distribution chart, Dubai Financial Market PJSC ranks #396 out of 778 companies in the Capital Markets industry, which is below the industry midpoint. Overall, Dubai Financial Market PJSC has a GF Score™ of 97/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Dubai Financial Market PJSC's PB Ratio compare to SPGI and CME?
According to the Capital Markets industry distribution chart, Dubai Financial Market PJSC ranks #396 out of 778 companies for PB Ratio. This places Dubai Financial Market PJSC in the lower half of its industry. The industry median PB Ratio is 1.29. Dubai Financial Market PJSC's value of 1.35 is 4.7% above this benchmark. Historically, Dubai Financial Market PJSC's own PB Ratio has ranged from 0.53 to 2.90 over the past decade. While the company's 10-year median is 1.25 vs. the industry median of 1.29, Dubai Financial Market PJSC has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PB Ratio for a Capital Markets company?
The median PB Ratio among Capital Markets companies is 1.29, based on 778 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Dubai Financial Market PJSC's current PB Ratio of 1.35 is 4.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Dubai Financial Market PJSC and its competitors. For the Capital Markets industry, the median PB Ratio is 1.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dubai Financial Market PJSC's current PB Ratio is 1.35, which is near median its own 10-year median of 1.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dubai Financial Market PJSC stock overvalued right now?
Based on GuruFocus' analysis, Dubai Financial Market PJSC (DFM:DFM) is currently considered Modestly Undervalued. The stock's GF Value™ is د.إ1.88, compared to a current price of د.إ1.50 — trading 20.2% below its estimated fair value. The current PB Ratio is 1.35, which is near median its 10-year median of 1.25 and 4.7% above the Capital Markets industry median of 1.29. Dubai Financial Market PJSC's overall GF Score™ is 97/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Dubai Financial Market PJSC (DFM:DFM), the current PB Ratio is 1.35 as of Jun. 27, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Dubai Financial Market PJSC (DFM:DFM) Overvalued in 2026?

Based on GuruFocus' analysis, Dubai Financial Market PJSC stock appears to be undervalued. The current stock price of د.إ1.50 is trading 20.2% below its estimated GF Value™ of د.إ1.88. GuruFocus considers Dubai Financial Market PJSC to be Modestly Undervalued.

Key valuation signals for DFM:DFM:

  • PB Ratio: 1.35 (near median its 10-year median of 1.25)
  • GF Value™: د.إ1.88 vs. price of د.إ1.50 (20.2% below fair value)
  • GF Score™: 97/100 with 5 warning signs
  • Industry Position: 4.7% above the Capital Markets median (#396 of 778)

No single metric tells the full story. See the DFM:DFM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dubai Financial Market PJSC Business Description

Address Sheikh Zayed Road, P.O. Box 9700, Reception - Mezzanine Floor, Dubai World Trade Center Building, Dubai, ARE
Dubai Financial Market PJSC operates as a regulated secondary market for the trading of securities issued by public shareholding companies, bonds issued by federal or local governments, local public institutions, and mutual funds as well as other local or foreign financial instruments. The company is focused on trading in financial instruments, acting as a commercial, industrial and agricultural holding and trust company, financial investment consultancy, and brokerage in local and foreign shares and bonds. It is engaged in a single segment of operating stock exchanges and related clearing house. The company derives the majority of revenue from Trading commission fees and rest from Brokerage fees, Clearing, settlement and depository fees, Listing and market data fees, and Other fees.
97GF Score

Get the complete analysis for DFM:DFM

PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

د.إ1.50
Price
د.إ1.88
GF Value