Alliances Developpement Immobilier (CAS:ADI) Price-to-Tangible-Book : 1.94 (As of May. 23, 2024)

View and export this data going back to 2008. Start your Free Trial

What is Alliances Developpement Immobilier Price-to-Tangible-Book?

As of today (2024-05-23), Alliances Developpement Immobilier's share price is MAD242.00. Alliances Developpement Immobilier's Tangible Book per Share of Jun. 2023 for the quarter that ended in Jun. 2023 was MAD124.80. Hence, Alliances Developpement Immobilier's Price to Tangible Book Ratio of today is 1.94.

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

CAS:ADI' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.08 Med: 0.38 Max: 2
Current: 1.94

During the past 13 years, Alliances Developpement Immobilier's highest Price to Tangible Book Ratio was 2.00. The lowest was 0.08. And the median was 0.38.

CAS:ADI's Price-to-Tangible-Book is ranked worse than
79.56% of 1722 companies
in the Real Estate industry
Industry Median: 0.83 vs CAS:ADI: 1.94

A closely related ratio is called PB Ratio. As of today, Alliances Developpement Immobilier's share price is MAD242.00. Alliances Developpement Immobilier's Book Value per Sharefor the quarter that ended in Jun. 2023 was MAD149.58. Hence, Alliances Developpement Immobilier's P/B Ratio of today is 1.62.

Alliances Developpement Immobilier Price-to-Tangible-Book Historical Data

The historical data trend for Alliances Developpement Immobilier'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.

Alliances Developpement Immobilier Price-to-Tangible-Book Chart

Alliances Developpement Immobilier Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.57

0.49

0.33

0.34

0.44

Alliances Developpement Immobilier Semi-Annual Data
	Jun12	Dec12	Jun13	Dec13	Jun14	Jun15	Jun16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Price-to-Tangible-Book	Get a 7-Day Free Trial															0.38	0.34	0.53	0.44	0.65

Competitive Comparison of Alliances Developpement Immobilier's Price-to-Tangible-Book

For the Real Estate Services subindustry, Alliances Developpement Immobilier'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.

Alliances Developpement Immobilier's Price-to-Tangible-Book Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Alliances Developpement Immobilier's Price-to-Tangible-Book distribution charts can be found below:

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

Alliances Developpement Immobilier Price-to-Tangible-Book Calculation

Alliances Developpement Immobilier's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Jun. 2023 )
	=	242.00	/	124.8
	=	1.94

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.

Alliances Developpement Immobilier Price-to-Tangible-Book Related Terms

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

Alliances Developpement Immobilier (CAS:ADI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Alliances Developpement Immobilier SA (CAS:ADI) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

16, Rue Ali Abderrazak, Casablanca, MAR

Website

http://www.alliances.co.ma

Alliances Developpement Immobilier SA provides real estate services. Its business activities include development, building, marketing and managing of commercial and residential assets as well as tourist property.