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The historical rank and industry rank for Emirates NBD PJSC's PB Ratio or its related term are showing as below:
DFM:EMIRATESNBD'
s PB Ratio Range Over the Past 10 Years
Min: 0.55 Med: 0.96 Max: 1.57
Current: 1.3
During the past 13 years, Emirates NBD PJSC's highest PB Ratio was 1.57. The lowest was 0.55. And the median was 0.96.
DFM:EMIRATESNBD's PB Ratio is ranked worse than 65.99% of 1517
companies
in the Banks industry
Industry Median: 1.11
vs DFM:EMIRATESNBD: 1.30
During the past 12 months, Emirates NBD PJSC's average Book Value Per Share Growth Rate was 13.90% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 15.80% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 12.40% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 9.50% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Emirates NBD PJSC was 53.10% per year. The lowest was 4.50% per year. And the median was 9.10% per year.
Back to Basics: PB Ratio
Emirates NBD PJSC (DFM:EMIRATESNBD) PB Ratio Explanation
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.
Emirates NBD PJSC PB Ratio Related Terms
Emirates NBD PJSC PB Ratio Historical Data
* Premium members only.
The historical data trend for Emirates NBD 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.
For the Banks - Regional subindustry, Emirates NBD 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.
Emirates NBD PJSC PB Ratio vs Banks Industry
For the Banks industry and Financial Services sector, Emirates NBD PJSC's PB Ratio distribution charts can be found below:
* The bar in red indicates where Emirates NBD PJSC's PB Ratio falls into.
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.
* 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.
Emirates NBD PJSC (DFM:EMIRATESNBD) has a PB Ratio of 1.31 as of Jul. 15, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Emirates NBD PJSC and its competitors. This is 36% above median its historical median of 0.96. Over the past decade, Emirates NBD PJSC's PB Ratio has ranged from 0.55 to 1.57. According to the industry distribution chart, Emirates NBD PJSC ranks #1001 out of 1517 companies in the Banks industry, placing it in the top 66%.
Is Emirates NBD PJSC's PB Ratio too high?
Emirates NBD PJSC's current PB Ratio of 1.31 is 36% above median its 10-year median of 0.96. Over the past 10 years, this metric has ranged from a low of 0.55 to a high of 1.57. The Banks industry median PB Ratio is 1.11. Emirates NBD PJSC's value of 1.31 is 18% above this industry median. Based on the distribution chart, Emirates NBD PJSC ranks #1001 out of 1517 companies in the Banks industry, which is below the industry midpoint. Overall, Emirates NBD PJSC has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Emirates NBD PJSC's PB Ratio compare to competitors?
According to the Banks industry distribution chart, Emirates NBD PJSC ranks #1001 out of 1517 companies for PB Ratio. This places Emirates NBD PJSC in the lower half of its industry. The industry median PB Ratio is 1.11. Emirates NBD PJSC's value of 1.31 is 18% above this benchmark. Historically, Emirates NBD PJSC's own PB Ratio has ranged from 0.55 to 1.57 over the past decade. While the company's 10-year median is 0.96 vs. the industry median of 1.11, Emirates NBD 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 Banks company?
The median PB Ratio among Banks companies is 1.11, based on 1,517 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. Emirates NBD PJSC's current PB Ratio of 1.31 is 18% 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 Emirates NBD PJSC and its competitors. For the Banks industry, the median PB Ratio is 1.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Emirates NBD PJSC's current PB Ratio is 1.31, which is 36% above median its own 10-year median of 0.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Emirates NBD PJSC stock overvalued right now?
Based on GuruFocus' analysis, Emirates NBD PJSC (DFM:EMIRATESNBD) is currently considered Modestly Overvalued. The stock's GF Value™ is د.إ24.39, compared to a current price of د.إ29.84 — trading 22.3% above its estimated fair value. The current PB Ratio is 1.31, which is 36% above median its 10-year median of 0.96 and 18% above the Banks industry median of 1.11. Emirates NBD PJSC's overall GF Score™ is 69/100 with 3 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 Emirates NBD PJSC (DFM:EMIRATESNBD), the current PB Ratio is 1.31 as of Jul. 15, 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 Emirates NBD PJSC (DFM:EMIRATESNBD) Overvalued in 2026?
Based on GuruFocus' analysis, Emirates NBD PJSC stock appears to be overvalued.
The current stock price of د.إ29.84 is trading 22.3% above its estimated GF Value™ of د.إ24.39.
GuruFocus considers Emirates NBD PJSC to be Modestly Overvalued.
Key valuation signals for DFM:EMIRATESNBD:
PB Ratio: 1.31 (36% above median its 10-year median of 0.96)
GF Value™: د.إ24.39 vs. price of د.إ29.84 (22.3% above fair value)
Industry Position: 18% above the Banks median (#1001 of 1517)
No single metric tells the full story. See the DFM:EMIRATESNBD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Emirates NBD PJSC provides banking services. The company's operating segment includes Corporate and Institutional Banking; Retail Banking and Wealth Management; Global Markets and Treasury activities; DenizBank and others. It generates maximum revenue from the Retail Banking and Wealth Management segment. The Retail Banking and Wealth Management segment represents retail loans and deposits, private banking and wealth management, equity broking services, asset management, and consumer financing in the UAE and Egypt.
69GF Score
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