Ooredoo (MUS:ORDS) Price-to-Tangible-Book : 1.09 (As of Jun. 22, 2024)

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What is Ooredoo Price-to-Tangible-Book?

As of today (2024-06-22), Ooredoo's share price is ر.ع0.292. Ooredoo's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was ر.ع0.27. Hence, Ooredoo's Price to Tangible Book Ratio of today is 1.09.

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

MUS:ORDS' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.08 Med: 1.67 Max: 2.98
Current: 1.08

During the past 13 years, Ooredoo's highest Price to Tangible Book Ratio was 2.98. The lowest was 1.08. And the median was 1.67.

MUS:ORDS's Price-to-Tangible-Book is ranked better than
76.07% of 280 companies
in the Telecommunication Services industry
Industry Median: 2.43 vs MUS:ORDS: 1.08

A closely related ratio is called PB Ratio. As of today, Ooredoo's share price is ر.ع0.292. Ooredoo's Book Value per Sharefor the quarter that ended in Dec. 2023 was ر.ع0.40. Hence, Ooredoo's P/B Ratio of today is 0.73.

Ooredoo Price-to-Tangible-Book Historical Data

The historical data trend for Ooredoo'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.

Ooredoo Price-to-Tangible-Book Chart

Ooredoo Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.48

1.66

1.59

1.67

1.22

Ooredoo Semi-Annual Data
	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial										1.48	1.66	1.59	1.67	1.22

Competitive Comparison of Ooredoo's Price-to-Tangible-Book

For the Telecom Services subindustry, Ooredoo'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.

Ooredoo's Price-to-Tangible-Book Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Ooredoo's Price-to-Tangible-Book distribution charts can be found below:

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

Ooredoo Price-to-Tangible-Book Calculation

Ooredoo's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.292	/	0.267
	=	1.09

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.

Ooredoo Price-to-Tangible-Book Related Terms

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

Ooredoo (MUS:ORDS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Ooredoo (MUS:ORDS) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Central Post Office, P.O. Box 874, Tilal Building, Muscat, OMN, 111

Website

https://www.ooredoo.om

Ooredoo is an Oman-based company operating in the telecom industry. Its principal activities are the operation, maintenance, and development of mobile and fixed telecommunications services in the Sultanate of Oman. The company operates through two business segments, namely Mobile and Fixed-line. The Mobile segment is engaged in the operation of a global system for mobile communication for pre-paid and post-paid services, the sale of telecommunication equipment, and other associated services. The Fixed-line segment is involved in the provision of international and national voice and data services from fixed lines, the sale of telecommunication equipment, and other associated services. It derives a majority of the revenue from the Mobile segment.

Ooredoo (MUS:ORDS) Headlines

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