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Tabreed PJSC (DFM:TABREED) PB Ratio : 1.40 (As of May. 02, 2024)


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What is Tabreed 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 (2024-05-02), Tabreed PJSC's share price is د.إ3.10. Tabreed PJSC's Book Value per Share for the quarter that ended in Dec. 2023 was د.إ2.22. Hence, Tabreed PJSC's PB Ratio of today is 1.40.

Good Sign:

Tabreed PJSC stock PB Ratio (=1.39) is close to 1-year low of 1.28

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

DFM:TABREED' s PB Ratio Range Over the Past 10 Years
Min: 0.27   Med: 1.12   Max: 1.89
Current: 1.39

During the past 13 years, Tabreed PJSC's highest PB Ratio was 1.89. The lowest was 0.27. And the median was 1.12.

DFM:TABREED's PB Ratio is ranked better than
50.59% of 512 companies
in the Utilities - Regulated industry
Industry Median: 1.395 vs DFM:TABREED: 1.39

During the past 12 months, Tabreed PJSC's average Book Value Per Share Growth Rate was -2.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 6.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 7.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -1.50% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Tabreed PJSC was 45.40% per year. The lowest was -38.60% per year. And the median was 6.90% per year.

Back to Basics: PB Ratio


Tabreed PJSC PB Ratio Historical Data

The historical data trend for Tabreed 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.

Tabreed PJSC PB Ratio Chart

Tabreed 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 1.05 1.39 1.22 1.32 1.61

Tabreed PJSC Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.32 1.38 1.28 1.65 1.61

Competitive Comparison of Tabreed PJSC's PB Ratio

For the Utilities - Regulated Water subindustry, Tabreed 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.


Tabreed PJSC's PB Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Tabreed PJSC's PB Ratio distribution charts can be found below:

* The bar in red indicates where Tabreed PJSC's PB Ratio falls into.



Tabreed 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.

Tabreed PJSC's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=3.10/2.22
=1.40

* 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.


Tabreed PJSC  (DFM:TABREED) 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.


Tabreed PJSC PB Ratio Related Terms

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


Tabreed PJSC (DFM:TABREED) Business Description

Traded in Other Exchanges
N/A
Address
P.O. Box 29478, Masdar City, Abu Dhabi, ARE
Tabreed PJSC is engaged in to supply of chilled water, operation, and maintenance of plants, construction of secondary networks, manufacturing of pre-insulated pipes, and design and supervision consultancy. The company has two reportable operating segments. The chilled water segment constructs, owns, assembles, installs, operates, and maintains cooling and conditioning systems, and the Value chain business segment is involved in ancillary activities relating to the expansion of the group's chilled water business. The company generates key revenue from Chilled water.

Tabreed PJSC (DFM:TABREED) Headlines

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