Abu Dhabi Islamic Bank (ADX:ADIB) Price-to-Tangible-Book : 1.81 (As of Apr. 30, 2024)

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What is Abu Dhabi Islamic Bank Price-to-Tangible-Book?

As of today (2024-04-30), Abu Dhabi Islamic Bank's share price is د.إ11.36. Abu Dhabi Islamic Bank's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was د.إ6.27. Hence, Abu Dhabi Islamic Bank's Price to Tangible Book Ratio of today is 1.81.

The historical rank and industry rank for Abu Dhabi Islamic Bank's Price-to-Tangible-Book or its related term are showing as below:

ADX:ADIB' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.73 Med: 0.97 Max: 1.81
Current: 1.81

During the past 13 years, Abu Dhabi Islamic Bank's highest Price to Tangible Book Ratio was 1.81. The lowest was 0.73. And the median was 0.97.

ADX:ADIB's Price-to-Tangible-Book is ranked worse than
85.82% of 1439 companies
in the Banks industry
Industry Median: 0.93 vs ADX:ADIB: 1.81

A closely related ratio is called PB Ratio. As of today, Abu Dhabi Islamic Bank's share price is د.إ11.36. Abu Dhabi Islamic Bank's Book Value per Sharefor the quarter that ended in Mar. 2024 was د.إ6.39. Hence, Abu Dhabi Islamic Bank's P/B Ratio of today is 1.78.

Abu Dhabi Islamic Bank Price-to-Tangible-Book Historical Data

The historical data trend for Abu Dhabi Islamic Bank's Price-to-Tangible-Book 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.

Abu Dhabi Islamic Bank Price-to-Tangible-Book Chart

Abu Dhabi Islamic Bank Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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1.04

0.90

1.22

1.53

1.50

Abu Dhabi Islamic Bank Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Price-to-Tangible-Book	Get a 7-Day Free Trial															1.75	1.77	1.77	1.50	1.76

Competitive Comparison of Abu Dhabi Islamic Bank's Price-to-Tangible-Book

For the Banks - Regional subindustry, Abu Dhabi Islamic Bank's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.

Abu Dhabi Islamic Bank's Price-to-Tangible-Book Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Abu Dhabi Islamic Bank's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Abu Dhabi Islamic Bank's Price-to-Tangible-Book falls into.

Abu Dhabi Islamic Bank Price-to-Tangible-Book Calculation

Abu Dhabi Islamic Bank's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	11.36	/	6.269
	=	1.81

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.

Abu Dhabi Islamic Bank Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Abu Dhabi Islamic Bank's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

Abu Dhabi Islamic Bank (ADX:ADIB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Abu Dhabi Islamic Bank (ADX:ADIB) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

P.O.Box 313, Abu Dhabi, ARE

Website

https://www.adib.ae

Abu Dhabi Islamic Bank is a banking corporation based in the United Arab Emirates. It is one of the regional Islamic services groups having a presence in countries like Egypt, Iraq, Saudi Arabia, and Qatar and generates its revenues from its foreign operations. Its activities like banking, financing, and investing are the pillars of its business. The banking and financing services comprise regional banking operations such as retail banking and its investing business includes capital market operations. The company conducts its operations through retail banking, which is its main revenue generator, wholesale banking, private banking, treasury, real estate other segments.

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