ADNOC Drilling Company PJSC (ADX:ADNOCDRILL) Price-to-Tangible-Book : 5.16 (As of May. 01, 2024)

View and export this data going back to 2021. Start your Free Trial

What is ADNOC Drilling Company PJSC Price-to-Tangible-Book?

As of today (2024-05-01), ADNOC Drilling Company PJSC's share price is د.إ3.86. ADNOC Drilling Company PJSC's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was د.إ0.75. Hence, ADNOC Drilling Company PJSC's Price to Tangible Book Ratio of today is 5.16.

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

ADX:ADNOCDRILL' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 4.44 Med: 5.05 Max: 5.3
Current: 5.15

During the past 6 years, ADNOC Drilling Company PJSC's highest Price to Tangible Book Ratio was 5.30. The lowest was 4.44. And the median was 5.05.

ADX:ADNOCDRILL's Price-to-Tangible-Book is ranked worse than
90.7% of 925 companies
in the Oil & Gas industry
Industry Median: 1.3 vs ADX:ADNOCDRILL: 5.15

A closely related ratio is called PB Ratio. As of today, ADNOC Drilling Company PJSC's share price is د.إ3.86. ADNOC Drilling Company PJSC's Book Value per Sharefor the quarter that ended in Dec. 2023 was د.إ0.75. Hence, ADNOC Drilling Company PJSC's P/B Ratio of today is 5.15.

ADNOC Drilling Company PJSC Price-to-Tangible-Book Historical Data

The historical data trend for ADNOC Drilling Company 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.

* Premium members only.

ADNOC Drilling Company PJSC Price-to-Tangible-Book Chart

ADNOC Drilling Company PJSC Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

5.30

4.44

5.05

ADNOC Drilling Company PJSC Quarterly Data
	Dec18	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial											4.44	5.48	5.12	5.32	5.05

Competitive Comparison of ADNOC Drilling Company PJSC's Price-to-Tangible-Book

For the Oil & Gas Drilling subindustry, ADNOC Drilling Company 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.

ADNOC Drilling Company PJSC's Price-to-Tangible-Book Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, ADNOC Drilling Company PJSC's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where ADNOC Drilling Company PJSC's Price-to-Tangible-Book falls into.

ADNOC Drilling Company PJSC Price-to-Tangible-Book Calculation

ADNOC Drilling Company PJSC's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	3.86	/	0.748
	=	5.16

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.

ADNOC Drilling Company PJSC Price-to-Tangible-Book Related Terms

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

ADNOC Drilling Company PJSC (ADX:ADNOCDRILL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » ADNOC Drilling Company PJSC (ADX:ADNOCDRILL) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

P.O Box 4017, Abu Dhabi, ARE

Website

https://www.adnoc.ae

ADNOC Drilling Company PJSC is engaged in providing drilling services and supporting marine equipment, and the hiring out of onshore and offshore drilling rigs on behalf of related parties involved in onshore and offshore oil and gas exploration. The operating business segments are Onshore, Offshore Jack-up, Offshore Island, and OilField Service, with maximum revenue from Onshore segment.

ADNOC Drilling Company PJSC (ADX:ADNOCDRILL) Headlines

No Headlines