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Dubai Financial Market PJSCDFM:DFM 98 Price-to-Tangible-Book is 2.47 as of Aug. 22, 2026, which is 16% below its 10-year median of 2.95. GuruFocus rates DFM:DFM with a GF Score™ of 98/100 and a GF Value™ of د.إ1.97 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 745 Capital Markets companies, Dubai Financial Market PJSC ranks worse than 67.25% on this metric.
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.
Dubai Financial Market PJSC Price-to-Tangible-Book Related Terms
Dubai Financial Market PJSC Price-to-Tangible-Book Historical Data
* 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.
DFM:DFM vs SPGI, CME, ICE: Price-to-Tangible-Book Comparison
For the Financial Data & Stock Exchanges subindustry, Dubai Financial Market PJSC'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.
Dubai Financial Market PJSC Price-to-Tangible-Book vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Dubai Financial Market PJSC's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Dubai Financial Market PJSC's Price-to-Tangible-Book falls into.
* 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.
Dubai Financial Market PJSC (DFM:DFM) has a Price-to-Tangible-Book of 2.47 as of Aug. 22, 2026. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on Dubai Financial Market PJSC and its competitors. This is 16% below median its historical median of 2.95. Over the past decade, Dubai Financial Market PJSC's Price-to-Tangible-Book has ranged from 1.69 to 7.36. According to the industry distribution chart, Dubai Financial Market PJSC ranks #501 out of 745 companies in the Capital Markets industry, placing it in the top 67.2%.
Is Dubai Financial Market PJSC's Price-to-Tangible-Book too high?
Dubai Financial Market PJSC's current Price-to-Tangible-Book of 2.47 is 16% below median its 10-year median of 2.95. Over the past 10 years, this metric has ranged from a low of 1.69 to a high of 7.36. The Capital Markets industry median Price-to-Tangible-Book is 1.36. Dubai Financial Market PJSC's value of 2.47 is 81.6% above this industry median. Based on the distribution chart, Dubai Financial Market PJSC ranks #501 out of 745 companies in the Capital Markets industry, which is below the industry midpoint. Overall, Dubai Financial Market PJSC has a GF Score™ of 98/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Dubai Financial Market PJSC's Price-to-Tangible-Book compare to SPGI and CME?
According to the Capital Markets industry distribution chart, Dubai Financial Market PJSC ranks #501 out of 745 companies for Price-to-Tangible-Book. This places Dubai Financial Market PJSC in the lower half of its industry. The industry median Price-to-Tangible-Book is 1.36. Dubai Financial Market PJSC's value of 2.47 is 81.6% above this benchmark. Historically, Dubai Financial Market PJSC's own Price-to-Tangible-Book has ranged from 1.69 to 7.36 over the past decade. While the company's 10-year median is 2.95 vs. the industry median of 1.36, Dubai Financial Market PJSC has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Price-to-Tangible-Book for a Capital Markets company?
The median Price-to-Tangible-Book among Capital Markets companies is 1.36, based on 745 companies in the industry. Companies in the top quartile (top 25%) have a Price-to-Tangible-Book significantly above this median, while those in the bottom quartile fall well below. However, Price-to-Tangible-Book should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Dubai Financial Market PJSC's current Price-to-Tangible-Book of 2.47 is 81.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Price-to-Tangible-Book mean?
A high Price-to-Tangible-Book can signal that a stock is expensive relative to its fundamentals. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on Dubai Financial Market PJSC and its competitors. For the Capital Markets industry, the median Price-to-Tangible-Book is 1.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dubai Financial Market PJSC's current Price-to-Tangible-Book is 2.47, which is 16% below median its own 10-year median of 2.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dubai Financial Market PJSC stock overvalued right now?
Based on GuruFocus' analysis, Dubai Financial Market PJSC (DFM:DFM) is currently considered Modestly Undervalued. The stock's GF Value™ is د.إ1.97, compared to a current price of د.إ1.41 — trading 28.4% below its estimated fair value. The current Price-to-Tangible-Book is 2.47, which is 16% below median its 10-year median of 2.95 and 81.6% above the Capital Markets industry median of 1.36. Dubai Financial Market PJSC's overall GF Score™ is 98/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Price-to-Tangible-Book calculated?
Price-to-Tangible-Book is calculated from a company's financial statements. For Dubai Financial Market PJSC (DFM:DFM), the current Price-to-Tangible-Book is 2.47 as of Aug. 22, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Dubai Financial Market PJSC (DFM:DFM) Overvalued in 2026?
Based on GuruFocus' analysis, Dubai Financial Market PJSC stock appears to be undervalued.
The current stock price of د.إ1.41 is trading 28.4% below its estimated GF Value™ of د.إ1.97.
GuruFocus considers Dubai Financial Market PJSC to be Modestly Undervalued.
Key valuation signals for DFM:DFM:
Price-to-Tangible-Book: 2.47 (16% below median its 10-year median of 2.95)
GF Value™: د.إ1.97 vs. price of د.إ1.41 (28.4% below fair value)
Industry Position: 81.6% above the Capital Markets median (#501 of 745)
No single metric tells the full story. See the DFM:DFM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Dubai Financial Market PJSC operates as a regulated secondary market for the trading of securities issued by public shareholding companies, bonds issued by federal or local governments, local public institutions, and mutual funds as well as other local or foreign financial instruments. The company is focused on trading in financial instruments, acting as a commercial, industrial and agricultural holding and trust company, financial investment consultancy, and brokerage in local and foreign shares and bonds. It is engaged in a single segment of operating stock exchanges and related clearing house. The company derives the majority of revenue from Trading commission fees and rest from Brokerage fees, Clearing, settlement and depository fees, Listing and market data fees, and Other fees.
98GF Score
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Price-to-Tangible-Book is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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