Jordanian Mutual Funds Management Co (AMM:FUND) Price-to-Tangible-Book : 2.29 (As of May. 17, 2024)

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What is Jordanian Mutual Funds Management Co Price-to-Tangible-Book?

As of today (2024-05-17), Jordanian Mutual Funds Management Co's share price is JOD1.17. Jordanian Mutual Funds Management Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was JOD0.51. Hence, Jordanian Mutual Funds Management Co's Price to Tangible Book Ratio of today is 2.29.

The historical rank and industry rank for Jordanian Mutual Funds Management Co's Price-to-Tangible-Book or its related term are showing as below:

AMM:FUND' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.09 Med: 3.24 Max: 4.85
Current: 2.29

During the past 13 years, Jordanian Mutual Funds Management Co's highest Price to Tangible Book Ratio was 4.85. The lowest was 2.09. And the median was 3.24.

AMM:FUND's Price-to-Tangible-Book is not ranked
in the Asset Management industry.
Industry Median: 0.96 vs AMM:FUND: 2.29

A closely related ratio is called PB Ratio. As of today, Jordanian Mutual Funds Management Co's share price is JOD1.17. Jordanian Mutual Funds Management Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was JOD0.51. Hence, Jordanian Mutual Funds Management Co's P/B Ratio of today is 2.29.

Jordanian Mutual Funds Management Co Price-to-Tangible-Book Historical Data

The historical data trend for Jordanian Mutual Funds Management 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.

Jordanian Mutual Funds Management Co Price-to-Tangible-Book Chart

Jordanian Mutual Funds Management Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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3.11

3.40

3.60

2.09

2.29

Jordanian Mutual Funds Management Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															2.09	2.10	1.99	2.03	2.29

Competitive Comparison of Jordanian Mutual Funds Management Co's Price-to-Tangible-Book

For the Asset Management subindustry, Jordanian Mutual Funds Management 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.

Jordanian Mutual Funds Management Co's Price-to-Tangible-Book Distribution in the Asset Management Industry

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

* The bar in red indicates where Jordanian Mutual Funds Management Co's Price-to-Tangible-Book falls into.

Jordanian Mutual Funds Management Co Price-to-Tangible-Book Calculation

Jordanian Mutual Funds Management 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 )
	=	1.17	/	0.511
	=	2.29

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.

Jordanian Mutual Funds Management Co Price-to-Tangible-Book Related Terms

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

Jordanian Mutual Funds Management Co (AMM:FUND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Jordanian Mutual Funds Management Co (AMM:FUND) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Airport Road, Madaba Bridge, P.O Box 921513, Rum Group for Transportation, Tourism Investment, Amman, JOR, 11192

Website

Jordanian Mutual Funds Management Co is a Jordan based fund management company. The company is engaged in establishing mutual funds, purchase and sales of shares and stocks for business purpose and managing investment funds.