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Sharjah Islamic Bank (ADX:SIB) Price-to-Tangible-Book : 0.90 (As of Jun. 09, 2024)


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What is Sharjah Islamic Bank Price-to-Tangible-Book?

As of today (2024-06-09), Sharjah Islamic Bank's share price is د.إ2.23. Sharjah Islamic Bank's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was د.إ2.47. Hence, Sharjah Islamic Bank's Price to Tangible Book Ratio of today is 0.90.

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

ADX:SIB' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.41   Med: 0.74   Max: 1.07
Current: 0.9

During the past 13 years, Sharjah Islamic Bank's highest Price to Tangible Book Ratio was 1.07. The lowest was 0.41. And the median was 0.74.

ADX:SIB's Price-to-Tangible-Book is ranked better than
51.46% of 1440 companies
in the Banks industry
Industry Median: 0.91 vs ADX:SIB: 0.90

A closely related ratio is called PB Ratio. As of today, Sharjah Islamic Bank's share price is د.إ2.23. Sharjah Islamic Bank's Book Value per Sharefor the quarter that ended in Mar. 2024 was د.إ2.49. Hence, Sharjah Islamic Bank's P/B Ratio of today is 0.90.


Sharjah Islamic Bank Price-to-Tangible-Book Historical Data

The historical data trend for Sharjah Islamic Bank'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.

Sharjah Islamic Bank Price-to-Tangible-Book Chart

Sharjah Islamic Bank Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.48 0.53 0.79 0.79 0.97

Sharjah Islamic Bank 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 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 0.83 0.87 0.97 0.97 0.91

Competitive Comparison of Sharjah Islamic Bank's Price-to-Tangible-Book

For the Banks - Regional subindustry, Sharjah Islamic Bank'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.


Sharjah Islamic Bank's Price-to-Tangible-Book Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Sharjah Islamic Bank's Price-to-Tangible-Book distribution charts can be found below:

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



Sharjah Islamic Bank Price-to-Tangible-Book Calculation

Sharjah Islamic Bank's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=2.23/2.471
=0.90

* 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.


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.


Sharjah Islamic Bank Price-to-Tangible-Book Related Terms

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


Sharjah Islamic Bank (ADX:SIB) Business Description

Traded in Other Exchanges
N/A
Address
Sharjah Islamic Bank Tower, P.O. Box 4, Al Khan, Sharjah, ARE
Sharjah Islamic Bank is engaged in providing banking activities, financing, and investing activities. The bank's activities comprise four main business segments namely corporate and government; retail; investment and treasury; and hospitality, brokerage and real estate. It generates a majority of its revenue from the corporate and government segment in which the bank provides Islamic financial products and services to the companies, institutions, and government departments.

Sharjah Islamic Bank (ADX:SIB) Headlines

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