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Dhaka Insurance (DHA:DHAKAINS) PB Ratio : (As of May. 01, 2024)


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What is Dhaka Insurance 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 (2024-05-01), Dhaka Insurance's share price is BDT44.40. Dhaka Insurance's Book Value per Share for the fiscal year that ended in . 20 was BDT0.00. Hence, Dhaka Insurance's PB Ratio of today is .

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

DHA:DHAKAINS's PB Ratio is not ranked *
in the Insurance industry.
Industry Median: 1.21
* Ranked among companies with meaningful PB Ratio only.

Back to Basics: PB Ratio


Dhaka Insurance PB Ratio Historical Data

The historical data trend for Dhaka Insurance'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.

Dhaka Insurance PB Ratio Chart

Dhaka Insurance Annual Data
Trend
PB Ratio

Dhaka Insurance Semi-Annual Data
PB Ratio

Competitive Comparison of Dhaka Insurance's PB Ratio

For the Insurance - Diversified subindustry, Dhaka Insurance'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.


Dhaka Insurance's PB Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Dhaka Insurance's PB Ratio distribution charts can be found below:

* The bar in red indicates where Dhaka Insurance's PB Ratio falls into.



Dhaka Insurance 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.

Dhaka Insurance's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (A: . 20)
=44.40/
=

* 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.


Dhaka Insurance  (DHA:DHAKAINS) 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.


Dhaka Insurance PB Ratio Related Terms

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Dhaka Insurance (DHA:DHAKAINS) Business Description

Traded in Other Exchanges
N/A
Address
Dhaka Insurance Bhaban, 71, Purana Paltan Line, Dhaka, BGD, 1000
Dhaka Insurance Ltd is engaged in the insurance business. The company products include fire and allied perils insurance, marine cargo and hull, aviation, automobile, and miscellaneous insurance. The company derives its revenue from insurance premiums.

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