The National Investor Co (ADX:TNI) Price-to-Tangible-Book : 0.54 (As of Jun. 23, 2024)

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What is The National Investor Co Price-to-Tangible-Book?

As of today (2024-06-23), The National Investor Co's share price is د.إ0.517. The National Investor Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was د.إ0.95. Hence, The National Investor Co's Price to Tangible Book Ratio of today is 0.54.

The historical rank and industry rank for The National Investor Co's Price-to-Tangible-Book or its related term are showing as below:

ADX:TNI' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.42 Med: 0.5 Max: 0.66
Current: 0.54

During the past 12 years, The National Investor Co's highest Price to Tangible Book Ratio was 0.66. The lowest was 0.42. And the median was 0.50.

ADX:TNI's Price-to-Tangible-Book is not ranked
in the Asset Management industry.
Industry Median: 0.94 vs ADX:TNI: 0.54

A closely related ratio is called PB Ratio. As of today, The National Investor Co's share price is د.إ0.517. The National Investor Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was د.إ0.95. Hence, The National Investor Co's P/B Ratio of today is 0.54.

The National Investor Co Price-to-Tangible-Book Historical Data

The historical data trend for The National Investor Co'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.

The National Investor Co Price-to-Tangible-Book Chart

The National Investor Co Annual Data

Trend

Mar14

Mar15

Mar16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.63

0.66

0.47

0.46

0.42

The National Investor Co Semi-Annual Data
	Mar10	Mar11	Mar14	Mar15	Mar16	Dec17	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial											0.47	0.51	0.46	0.41	0.42

Competitive Comparison of The National Investor Co's Price-to-Tangible-Book

For the Asset Management subindustry, The National Investor Co'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.

The National Investor Co's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, The National Investor Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where The National Investor Co's Price-to-Tangible-Book falls into.

The National Investor Co Price-to-Tangible-Book Calculation

The National Investor Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.517	/	0.954
	=	0.54

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.

The National Investor Co Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of The National Investor Co's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

The National Investor Co (ADX:TNI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » The National Investor Co (ADX:TNI) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Al Corniche Tower, P.O. Box 47435, Mezzanine Floor, Abu Dhabi, ARE

Website

http://www.tni.ae

The National Investor Co is an integrated investment and financial services company. Its financial services include asset management, investment banking, private equity, funds, and securities investment, hospitality, third-party real estate, and provision of consultancy. Its segments include Asset Management which manages investment portfolios and funds in regional equities; Merchant Banking provides corporate finance advisory, private placements, public offerings of equity and debt securities, mergers, and acquisitions; and Principal Investments manages and controls all cash related to the group, and all proprietary investments in associates, joint ventures, investments at fair value through profit or loss and other comprehensive income and investment properties.

The National Investor Co (ADX:TNI) Headlines

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