Arab Jordan Investment Bank (AMM:AJIB) Price-to-Tangible-Book : 0.97 (As of Jun. 22, 2024)

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What is Arab Jordan Investment Bank Price-to-Tangible-Book?

As of today (2024-06-22), Arab Jordan Investment Bank's share price is JOD1.27. Arab Jordan Investment Bank's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was JOD1.30. Hence, Arab Jordan Investment Bank's Price to Tangible Book Ratio of today is 0.97.

The historical rank and industry rank for Arab Jordan Investment Bank's Price-to-Tangible-Book or its related term are showing as below:

AMM:AJIB' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.8 Med: 1.01 Max: 1.59
Current: 0.98

During the past 13 years, Arab Jordan Investment Bank's highest Price to Tangible Book Ratio was 1.59. The lowest was 0.80. And the median was 1.01.

AMM:AJIB's Price-to-Tangible-Book is ranked worse than
55.29% of 1456 companies
in the Banks industry
Industry Median: 0.91 vs AMM:AJIB: 0.98

A closely related ratio is called PB Ratio. As of today, Arab Jordan Investment Bank's share price is JOD1.27. Arab Jordan Investment Bank's Book Value per Sharefor the quarter that ended in Mar. 2024 was JOD1.39. Hence, Arab Jordan Investment Bank's P/B Ratio of today is 0.92.

Arab Jordan Investment Bank Price-to-Tangible-Book Historical Data

The historical data trend for Arab Jordan Investment 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.

Arab Jordan Investment Bank Price-to-Tangible-Book Chart

Arab Jordan Investment Bank Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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1.01

0.87

1.02

0.89

Arab Jordan Investment 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															0.95	0.91	0.95	0.89	0.95

Competitive Comparison of Arab Jordan Investment Bank's Price-to-Tangible-Book

For the Banks - Regional subindustry, Arab Jordan Investment 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.

Arab Jordan Investment Bank's Price-to-Tangible-Book Distribution in the Banks Industry

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

* The bar in red indicates where Arab Jordan Investment Bank's Price-to-Tangible-Book falls into.

Arab Jordan Investment Bank Price-to-Tangible-Book Calculation

Arab Jordan Investment 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 )
	=	1.27	/	1.303
	=	0.97

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.

Arab Jordan Investment Bank Price-to-Tangible-Book Related Terms

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

Arab Jordan Investment Bank (AMM:AJIB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Arab Jordan Investment Bank (AMM:AJIB) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

200 Zahran Street, P.O. Box 8797, AJIB Tower, Amman, JOR, 11121

Website

https://www.ajib.com

Arab Jordan Investment Bank PLC is an investment and commercial bank. It offers investment and commercial banking services including mergers and acquisitions, equity capital markets, transaction advisory services and trade finance and equity research. The bank is engaged in commercial banking activities through its branches and offices in Jordan and Cyprus. It operates in the business segments of, Individual accounts, Institutions and corporate, Treasury and Institutional financing. The bank generates key revenue from Treasury business which involves providing money market, trading, and treasury services as well as management of the bank's funding operations through treasury bills and bond government securities placements. The group has a business presence in Jordon and other countries.

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