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Amen Bank (XTUN:AB) PB Ratio : 0.89 (As of May. 23, 2024)


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What is Amen Bank 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 (2024-05-23), Amen Bank's share price is TND40.00. Amen Bank's Book Value per Share for the quarter that ended in Jun. 2023 was TND44.95. Hence, Amen Bank's PB Ratio of today is 0.89.

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

XTUN:AB' s PB Ratio Range Over the Past 10 Years
Min: 0.46   Med: 0.75   Max: 1.02
Current: 0.89

During the past 10 years, Amen Bank's highest PB Ratio was 1.02. The lowest was 0.46. And the median was 0.75.

XTUN:AB's PB Ratio is ranked worse than
52.26% of 1460 companies
in the Banks industry
Industry Median: 0.86 vs XTUN:AB: 0.89

During the past 12 months, Amen Bank's average Book Value Per Share Growth Rate was 10.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 8.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 9.00% per year.

During the past 10 years, the highest 3-Year average Book Value Per Share Growth Rate of Amen Bank was 10.20% per year. The lowest was 5.30% per year. And the median was 8.10% per year.

Back to Basics: PB Ratio


Amen Bank PB Ratio Historical Data

The historical data trend for Amen Bank'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.

Amen Bank PB Ratio Chart

Amen Bank Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.75 0.71 0.49 0.52 0.51

Amen Bank Semi-Annual Data
Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 0.51 0.52 0.51 0.51 0.66

Competitive Comparison of Amen Bank's PB Ratio

For the Banks - Regional subindustry, Amen Bank'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.


Amen Bank's PB Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Amen Bank's PB Ratio falls into.



Amen Bank 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.

Amen Bank's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2023)
=40.00/44.948
=0.89

* 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.


Amen Bank  (XTUN:AB) 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.


Amen Bank PB Ratio Related Terms

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Amen Bank (XTUN:AB) Business Description

Traded in Other Exchanges
N/A
Address
Avenue Mohamed V, Tunis, TUN, 1002
Amen Bank SA provides banking services. It provides consulting and wealth management-related assistance, financial management, fund management, and advisory services to individuals and businesses.