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The historical rank and industry rank for Emaar Development PJSC's Price-to-Tangible-Book or its related term are showing as below:
DFM:EMAARDEV'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.79 Med: 1.38 Max: 4
Current: 1.32
During the past 12 years, Emaar Development PJSC's highest Price to Tangible Book Ratio was 4.00. The lowest was 0.79. And the median was 1.38.
DFM:EMAARDEV's Price-to-Tangible-Book is ranked worse than 68.92% of 1683
companies
in the Real Estate industry
Industry Median: 0.84
vs DFM:EMAARDEV: 1.32
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.
Emaar Development PJSC Price-to-Tangible-Book Related Terms
Emaar Development PJSC Price-to-Tangible-Book Historical Data
* Premium members only.
The historical data trend for Emaar Development PJSC'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.
Emaar Development PJSC Price-to-Tangible-Book Chart
Emaar Development PJSC Price-to-Tangible-Book Competitor Comparison
For the Real Estate - Development subindustry, Emaar Development 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.
Emaar Development PJSC Price-to-Tangible-Book vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Emaar Development PJSC's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Emaar Development 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.
Emaar Development PJSC (DFM:EMAARDEV) has a Price-to-Tangible-Book of 1.33 as of Sep. 04, 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 Emaar Development PJSC and its competitors. According to the industry distribution chart, Emaar Development PJSC ranks #1160 out of 1683 companies in the Real Estate industry, placing it in the top 68.9%.
Is Emaar Development PJSC's Price-to-Tangible-Book too high?
Emaar Development PJSC's current Price-to-Tangible-Book is 1.33. The Real Estate industry median Price-to-Tangible-Book is 0.84. Emaar Development PJSC's value of 1.33 is 58.3% above this industry median. Based on the distribution chart, Emaar Development PJSC ranks #1160 out of 1683 companies in the Real Estate industry, which is below the industry midpoint. Overall, Emaar Development PJSC has a GF Score™ of 100/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Emaar Development PJSC's Price-to-Tangible-Book compare to competitors?
According to the Real Estate industry distribution chart, Emaar Development PJSC ranks #1160 out of 1683 companies for Price-to-Tangible-Book. This places Emaar Development PJSC in the lower half of its industry. The industry median Price-to-Tangible-Book is 0.84. Emaar Development PJSC's value of 1.33 is 58.3% above this benchmark. 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 Real Estate company?
The median Price-to-Tangible-Book among Real Estate companies is 0.84, based on 1,683 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. Emaar Development PJSC's current Price-to-Tangible-Book of 1.33 is 58.3% 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 Emaar Development PJSC and its competitors. For the Real Estate industry, the median Price-to-Tangible-Book is 0.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Emaar Development PJSC's current Price-to-Tangible-Book is 1.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Emaar Development PJSC stock overvalued right now?
Based on GuruFocus' analysis, Emaar Development PJSC (DFM:EMAARDEV) is currently considered Significantly Undervalued. The stock's GF Value™ is د.إ20.53, compared to a current price of د.إ12.92 — trading 37.1% below its estimated fair value. The current Price-to-Tangible-Book is 1.33 and 58.3% above the Real Estate industry median of 0.84. Emaar Development PJSC's overall GF Score™ is 100/100 with 1 warning sign 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 Emaar Development PJSC (DFM:EMAARDEV), the current Price-to-Tangible-Book is 1.33 as of Sep. 04, 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 Emaar Development PJSC (DFM:EMAARDEV) Overvalued in 2026?
Based on GuruFocus' analysis, Emaar Development PJSC stock appears to be undervalued.
The current stock price of د.إ12.92 is trading 37.1% below its estimated GF Value™ of د.إ20.53.
GuruFocus considers Emaar Development PJSC to be Significantly Undervalued.
Key valuation signals for DFM:EMAARDEV:
Price-to-Tangible-Book: 1.33
GF Value™: د.إ20.53 vs. price of د.إ12.92 (37.1% below fair value)
Industry Position: 58.3% above the Real Estate median (#1160 of 1683)
No single metric tells the full story. See the DFM:EMAARDEV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Emaar Development PJSC is a property developer and provider of lifestyle-focused real estate, with operations in the Middle East, North Africa, and Asia. Its principal activities are property investment, development and development management, shopping malls and retail, entertainment, hospitality, property management and utility services and investments in providers of financial services. The majority of the company'ss revenue is derived from the sale of residential units. Geographically, the company is currently operating only in the UAE.
100GF Score
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