Invest Bank (AMM:INVB) Price-to-Tangible-Book : 0.70 (As of Jun. 23, 2024)

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What is Invest Bank Price-to-Tangible-Book?

As of today (2024-06-23), Invest Bank's share price is JOD1.48. Invest Bank's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was JOD2.11. Hence, Invest Bank's Price to Tangible Book Ratio of today is 0.70.

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

AMM:INVB' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.69 Med: 0.82 Max: 1
Current: 0.7

During the past 13 years, Invest Bank's highest Price to Tangible Book Ratio was 1.00. The lowest was 0.69. And the median was 0.82.

AMM:INVB's Price-to-Tangible-Book is ranked better than
69.71% of 1456 companies
in the Banks industry
Industry Median: 0.91 vs AMM:INVB: 0.70

A closely related ratio is called PB Ratio. As of today, Invest Bank's share price is JOD1.48. Invest Bank's Book Value per Sharefor the quarter that ended in Mar. 2024 was JOD2.15. Hence, Invest Bank's P/B Ratio of today is 0.69.

Invest Bank Price-to-Tangible-Book Historical Data

The historical data trend for Invest 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.

Invest Bank Price-to-Tangible-Book Chart

Invest Bank Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.74

0.69

0.81

0.82

0.75

Invest 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															0.77	0.81	0.75	0.75	0.71

Competitive Comparison of Invest Bank's Price-to-Tangible-Book

For the Banks - Regional subindustry, Invest 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.

Invest Bank's Price-to-Tangible-Book Distribution in the Banks Industry

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

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

Invest Bank Price-to-Tangible-Book Calculation

Invest 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 )
	=	1.48	/	2.105
	=	0.70

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.

Invest Bank Price-to-Tangible-Book Related Terms

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

Invest Bank (AMM:INVB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Invest Bank (AMM:INVB) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Abdul Hameed Sharaf Street, P.O. Box 950601, Building No. 43, Shmesani, Amman, JOR, 11195

Website

https://www.investbank.jo

Investment Bank operates in the financial industry. The company's operating segment includes Individuals; Corporates; Treasury; Financial brokerage; Finance leasing; Management of bounded, Factoring of receivables, and others. Retail accounts Include handling individual customers' deposits and providing credit facilities, credit cards, and other services. The Treasury includes providing trading and treasury services and the management of the Bank's funds. Geographically, it operates in Jordan but also has an international presence.