Dubai National Insurance & Reinsurance PSC (DFM:DNIR) Price-to-Tangible-Book : 0.62 (As of May. 20, 2024)

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What is Dubai National Insurance & Reinsurance PSC Price-to-Tangible-Book?

As of today (2024-05-20), Dubai National Insurance & Reinsurance PSC's share price is د.إ4.00. Dubai National Insurance & Reinsurance PSC's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was د.إ6.43. Hence, Dubai National Insurance & Reinsurance PSC's Price to Tangible Book Ratio of today is 0.62.

The historical rank and industry rank for Dubai National Insurance & Reinsurance PSC's Price-to-Tangible-Book or its related term are showing as below:

DFM:DNIR' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.62 Med: 0.83 Max: 0.96
Current: 0.64

During the past 13 years, Dubai National Insurance & Reinsurance PSC's highest Price to Tangible Book Ratio was 0.96. The lowest was 0.62. And the median was 0.83.

DFM:DNIR's Price-to-Tangible-Book is ranked better than
85.28% of 462 companies
in the Insurance industry
Industry Median: 1.34 vs DFM:DNIR: 0.64

A closely related ratio is called PB Ratio. As of today, Dubai National Insurance & Reinsurance PSC's share price is د.إ4.00. Dubai National Insurance & Reinsurance PSC's Book Value per Sharefor the quarter that ended in Mar. 2024 was د.إ6.43. Hence, Dubai National Insurance & Reinsurance PSC's P/B Ratio of today is 0.62.

Dubai National Insurance & Reinsurance PSC Price-to-Tangible-Book Historical Data

The historical data trend for Dubai National Insurance & Reinsurance PSC'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.

Dubai National Insurance & Reinsurance PSC Price-to-Tangible-Book Chart

Dubai National Insurance & Reinsurance PSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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0.93

0.86

0.91

0.84

0.82

Dubai National Insurance & Reinsurance PSC 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															0.96	0.95	0.79	0.82	0.77

Competitive Comparison of Dubai National Insurance & Reinsurance PSC's Price-to-Tangible-Book

For the Insurance - Diversified subindustry, Dubai National Insurance & Reinsurance PSC'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 National Insurance & Reinsurance PSC's Price-to-Tangible-Book Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Dubai National Insurance & Reinsurance PSC's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Dubai National Insurance & Reinsurance PSC's Price-to-Tangible-Book falls into.

Dubai National Insurance & Reinsurance PSC Price-to-Tangible-Book Calculation

Dubai National Insurance & Reinsurance PSC's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	4.00	/	6.43
	=	0.62

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.

Dubai National Insurance & Reinsurance PSC Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Dubai National Insurance & Reinsurance PSC's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

Dubai National Insurance & Reinsurance PSC (DFM:DNIR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Dubai National Insurance & Reinsurance PSC (DFM:DNIR) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Dubai National Insurance Building, P.O. Box 1806, 7th & 9th Floor and Ground Floor, Deira, Port Saeed, Opposite to Deira City Centre, Dubai, ARE

Website

https://www.dni.ae

Dubai National Insurance & Reinsurance PSC is engaged in providing insurance and reinsurance services. The company's insurance services consist of commercial insurance that includes motor fleet insurance, group medical insurance, engineering, general accidents, liability, marine, property, and group life, and personal accident insurance. Its personal insurance includes motor insurance, medical insurance, and travel insurance. Its segments include the Underwriting segment which is divided into general Insurance and life Insurance; and the Investments segment which is divided into Investment Property and Financial Assets. The company generates maximum revenue from the Underwriting segment.

Dubai National Insurance & Reinsurance PSC (DFM:DNIR) Headlines

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