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Bindar Trading & Investment Co (AMM:BIND) Price-to-Tangible-Book : 0.64 (As of Jun. 19, 2024)


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What is Bindar Trading & Investment Co Price-to-Tangible-Book?

As of today (2024-06-19), Bindar Trading & Investment Co's share price is JOD1.51. Bindar Trading & Investment Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was JOD2.35. Hence, Bindar Trading & Investment Co's Price to Tangible Book Ratio of today is 0.64.

The historical rank and industry rank for Bindar Trading & Investment Co's Price-to-Tangible-Book or its related term are showing as below:

AMM:BIND' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.54   Med: 0.65   Max: 0.79
Current: 0.64

During the past 13 years, Bindar Trading & Investment Co's highest Price to Tangible Book Ratio was 0.79. The lowest was 0.54. And the median was 0.65.

AMM:BIND's Price-to-Tangible-Book is ranked better than
74.4% of 496 companies
in the Credit Services industry
Industry Median: 1.03 vs AMM:BIND: 0.64

A closely related ratio is called PB Ratio. As of today, Bindar Trading & Investment Co's share price is JOD1.51. Bindar Trading & Investment Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was JOD2.35. Hence, Bindar Trading & Investment Co's P/B Ratio of today is 0.64.


Bindar Trading & Investment Co Price-to-Tangible-Book Historical Data

The historical data trend for Bindar Trading & Investment 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.

Bindar Trading & Investment Co Price-to-Tangible-Book Chart

Bindar Trading & Investment Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.68 0.76 0.79 0.70 0.61

Bindar Trading & Investment Co 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 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 0.67 0.64 0.63 0.61 0.64

Competitive Comparison of Bindar Trading & Investment Co's Price-to-Tangible-Book

For the Credit Services subindustry, Bindar Trading & Investment 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.


Bindar Trading & Investment Co's Price-to-Tangible-Book Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Bindar Trading & Investment Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Bindar Trading & Investment Co's Price-to-Tangible-Book falls into.



Bindar Trading & Investment Co Price-to-Tangible-Book Calculation

Bindar Trading & Investment Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=1.51/2.353
=0.64

* 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 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.


Bindar Trading & Investment Co Price-to-Tangible-Book Related Terms

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


Bindar Trading & Investment Co (AMM:BIND) Business Description

Traded in Other Exchanges
N/A
Address
Al Madinah, Al-Monawrah Street, Al Saad building No.241, PO Box 1921, Amman, JOR, 1115
Bindar Trading & Investment Co PLC is a public joint-stock company. It provides consumer financing; finance leasing and real estate financing. The company's services include Property finance; Financing vehicles; Financing durable goods and Financing projects. It also buys, sells, and finances apartments and residential land. The Company's main activity has been focused since its inception on Car loans & Real-estate loans.

Bindar Trading & Investment Co (AMM:BIND) Headlines

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