Arab Banking (BSC) (BAH:ABC) Price-to-Tangible-Book : 0.24 (As of May. 25, 2024)

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What is Arab Banking (BSC) Price-to-Tangible-Book?

As of today (2024-05-25), Arab Banking (BSC)'s share price is $0.325. Arab Banking (BSC)'s Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was $1.36. Hence, Arab Banking (BSC)'s Price to Tangible Book Ratio of today is 0.24.

The historical rank and industry rank for Arab Banking (BSC)'s Price-to-Tangible-Book or its related term are showing as below:

BAH:ABC' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.17 Med: 0.27 Max: 0.62
Current: 0.24

During the past 13 years, Arab Banking (BSC)'s highest Price to Tangible Book Ratio was 0.62. The lowest was 0.17. And the median was 0.27.

BAH:ABC's Price-to-Tangible-Book is ranked better than
95.63% of 1442 companies
in the Banks industry
Industry Median: 0.92 vs BAH:ABC: 0.24

A closely related ratio is called PB Ratio. As of today, Arab Banking (BSC)'s share price is $0.325. Arab Banking (BSC)'s Book Value per Sharefor the quarter that ended in Mar. 2024 was $1.36. Hence, Arab Banking (BSC)'s P/B Ratio of today is 0.24.

Arab Banking (BSC) Price-to-Tangible-Book Historical Data

The historical data trend for Arab Banking (BSC)'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.

Arab Banking (BSC) Price-to-Tangible-Book Chart

Arab Banking (BSC) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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0.36

0.25

0.31

0.21

0.23

Arab Banking (BSC) 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															0.20	0.17	0.21	0.23	0.23

Competitive Comparison of Arab Banking (BSC)'s Price-to-Tangible-Book

For the Banks - Regional subindustry, Arab Banking (BSC)'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.

Arab Banking (BSC)'s Price-to-Tangible-Book Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Arab Banking (BSC)'s Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Arab Banking (BSC)'s Price-to-Tangible-Book falls into.

Arab Banking (BSC) Price-to-Tangible-Book Calculation

Arab Banking (BSC)'s price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	0.325	/	1.356
	=	0.24

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.

Arab Banking (BSC) Price-to-Tangible-Book Related Terms

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

Arab Banking (BSC) (BAH:ABC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Arab Banking Corp (BSC) (BAH:ABC) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Building 152, Road 1703, Block 317, P.O. Box 5698, Bank ABC Tower, Diplomatic Area, Manama, BHR

Website

https://www.bank-abc.com

Arab Banking Corp (BSC) is an international bank registered in the Kingdom of Bahrain. It acts as a provider of trade finance, treasury, project & structured finance, syndications, corporate and institutional banking as well as Islamic banking services. It operates its business across the globe covering countries in the Middle East, North Africa, Europe, the Americas and Asia. The Group is organized into five operating segments- MENA subsidiaries, International wholesale banking, Group treasury, ABC Brasil and Others. It generates the majority of its revenue from fees, the commission received from products and services provided.

Arab Banking (BSC) (BAH:ABC) Headlines

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