Emirates NBD PJSC (DFM:EMIRATESNBD) ROE % Adjusted to Book Value: 15.16% (As of Mar. 2026)


DFM:EMIRATESNBD Emirates NBD PJSC DFM:EMIRATESNBD
69 GF Score
Price د.إ29.56
GF Value د.إ24.31
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Emirates NBD PJSC ROE % Adjusted to Book Value?

Emirates NBD PJSC DFM:EMIRATESNBD -1.79% 69 ROE % Adjusted to Book Value is 15.16% as of Mar. 2026. GuruFocus rates DFM:EMIRATESNBD with a GF Score™ of 69/100 and a GF Value™ of د.إ24.31 (Modestly Overvalued). The stock has 3 warning signs investors should review.

Emirates NBD PJSC's ROE % for the quarter that ended in Mar. 2026 was 17.74%. Emirates NBD PJSC's PB Ratio for the quarter that ended in Mar. 2026 was 1.17. Emirates NBD PJSC's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was 15.16%.


Emirates NBD PJSC ROE % Adjusted to Book Value Related Terms


Emirates NBD PJSC ROE % Adjusted to Book Value Historical Data

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The historical data trend for Emirates NBD PJSC's ROE % Adjusted to Book Value 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.

Emirates NBD PJSC ROE % Adjusted to Book Value Chart

Emirates NBD PJSC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.84 16.54 21.16 18.05 14.53

Emirates NBD PJSC Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Adjusted to Book Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 19.49 17.98 17.12 11.63 15.16

Emirates NBD PJSC ROE % Adjusted to Book Value Competitor Comparison

For the Banks - Regional subindustry, Emirates NBD PJSC's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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.


Emirates NBD PJSC ROE % Adjusted to Book Value vs Banks Industry

For the Banks industry and Financial Services sector, Emirates NBD PJSC's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Emirates NBD PJSC's ROE % Adjusted to Book Value falls into.


DFM:EMIRATESNBD
69GF Score
Emirates NBD PJSC DFM:EMIRATESNBD
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Emirates NBD PJSC ROE % Adjusted to Book Value Calculation

Emirates NBD PJSC's ROE % Adjusted to Book Value for the fiscal year that ended in Dec. 2025 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=17.73% / 1.22
=14.53%

Emirates NBD PJSC's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=17.74% / 1.17
=15.16%

* 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.

What does a ROE % Adjusted to Book Value of 15.16% mean?
Emirates NBD PJSC (DFM:EMIRATESNBD) has a ROE % Adjusted to Book Value of 15.16% as of Mar. 2026. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Emirates NBD PJSC and its competitors.
Is Emirates NBD PJSC's ROE % Adjusted to Book Value too high?
Emirates NBD PJSC's current ROE % Adjusted to Book Value is 15.16%. Overall, Emirates NBD PJSC has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Emirates NBD PJSC's ROE % Adjusted to Book Value compare to competitors?
Emirates NBD PJSC's ROE % Adjusted to Book Value of 15.16% can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % Adjusted to Book Value for a Banks company?
A good ROE % Adjusted to Book Value depends on the Banks industry context. However, ROE % Adjusted to Book Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % Adjusted to Book Value mean?
A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Emirates NBD PJSC and its competitors. Emirates NBD PJSC's current ROE % Adjusted to Book Value is 15.16%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Emirates NBD PJSC stock overvalued right now?
Based on GuruFocus' analysis, Emirates NBD PJSC (DFM:EMIRATESNBD) is currently considered Modestly Overvalued. The stock's GF Value™ is د.إ24.31, compared to a current price of د.إ29.56 — trading 21.6% above its estimated fair value. The current ROE % Adjusted to Book Value is 15.16%. Emirates NBD PJSC's overall GF Score™ is 69/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % Adjusted to Book Value calculated?
ROE % Adjusted to Book Value is calculated from a company's financial statements. For Emirates NBD PJSC (DFM:EMIRATESNBD), the current ROE % Adjusted to Book Value is 15.16% as of Mar. 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 Emirates NBD PJSC (DFM:EMIRATESNBD) Overvalued in 2026?

Based on GuruFocus' analysis, Emirates NBD PJSC stock appears to be overvalued. The current stock price of د.إ29.56 is trading 21.6% above its estimated GF Value™ of د.إ24.31. GuruFocus considers Emirates NBD PJSC to be Modestly Overvalued.

Key valuation signals for DFM:EMIRATESNBD:

  • ROE % Adjusted to Book Value: 15.16%
  • GF Value™: د.إ24.31 vs. price of د.إ29.56 (21.6% above fair value)
  • GF Score™: 69/100 with 3 warning signs

No single metric tells the full story. See the DFM:EMIRATESNBD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Emirates NBD PJSC Business Description

Address Baniyas Road, P.O. Box 777, Deira, Dubai, ARE
Emirates NBD PJSC provides banking services. The company's operating segment includes Corporate and Institutional Banking; Retail Banking and Wealth Management; Global Markets and Treasury activities; DenizBank and others. It generates maximum revenue from the Retail Banking and Wealth Management segment. The Retail Banking and Wealth Management segment represents retail loans and deposits, private banking and wealth management, equity broking services, asset management, and consumer financing in the UAE and Egypt.
69GF Score

Get the complete analysis for DFM:EMIRATESNBD

ROE % Adjusted to Book Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

د.إ29.56
Price
د.إ24.31
GF Value