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Dubai Islamic Bank PJSC (DFM:DIB) PB Ratio : 0.94 (As of Apr. 30, 2024)


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What is Dubai Islamic Bank PJSC 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 (2024-04-30), Dubai Islamic Bank PJSC's share price is د.إ5.56. Dubai Islamic Bank PJSC's Book Value per Share for the quarter that ended in Mar. 2024 was د.إ5.92. Hence, Dubai Islamic Bank PJSC's PB Ratio of today is 0.94.

Good Sign:

Dubai Islamic Bank PJSC stock PB Ratio (=0.94) is close to 3-year low of 0.87

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

DFM:DIB' s PB Ratio Range Over the Past 10 Years
Min: 0.65   Med: 1.11   Max: 2.28
Current: 0.94

During the past 13 years, Dubai Islamic Bank PJSC's highest PB Ratio was 2.28. The lowest was 0.65. And the median was 1.11.

DFM:DIB's PB Ratio is ranked worse than
56.86% of 1458 companies
in the Banks industry
Industry Median: 0.855 vs DFM:DIB: 0.94

During the past 12 months, Dubai Islamic Bank PJSC's average Book Value Per Share Growth Rate was 6.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 3.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 5.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 6.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Dubai Islamic Bank PJSC was 29.40% per year. The lowest was -45.90% per year. And the median was 3.20% per year.

Back to Basics: PB Ratio


Dubai Islamic Bank PJSC PB Ratio Historical Data

The historical data trend for Dubai Islamic Bank 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.

* Premium members only.

Dubai Islamic Bank PJSC PB Ratio Chart

Dubai Islamic Bank PJSC 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 1.13 0.82 1.00 1.00 0.93

Dubai Islamic Bank PJSC 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 0.94 0.95 0.98 0.93 0.99

Competitive Comparison of Dubai Islamic Bank PJSC's PB Ratio

For the Banks - Regional subindustry, Dubai Islamic Bank 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 Islamic Bank PJSC's PB Ratio Distribution in the Banks Industry

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

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



Dubai Islamic Bank 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 Islamic Bank PJSC's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=5.56/5.916
=0.94

* 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.


Dubai Islamic Bank PJSC  (DFM:DIB) 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 Islamic Bank PJSC PB Ratio Related Terms

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


Dubai Islamic Bank PJSC (DFM:DIB) Business Description

Traded in Other Exchanges
N/A
Address
Building 2, Al Maktoum Road, P.O. Box 1080, Opposite DNATA, Deira, Dubai, ARE
Dubai Islamic Bank PJSC is a full-service Islamic bank is engaged in corporate, retail, and investment banking activities. Contracts in the form of Murabahas and leases in the form of Ijarahs constitute a majority of the bank's financing and investment assets. Most of its financing and investment arrangements are made within the United Arab Emirates, a large portion of which are in consumer financing, real estate and contracting, consumer home finance, and services and manufacturing.

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