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Alliance Insurance PSC (DFM:ALLIANCE) Price-to-Tangible-Book : 0.69 (As of May. 26, 2024)


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What is Alliance Insurance PSC Price-to-Tangible-Book?

As of today (2024-05-26), Alliance Insurance PSC's share price is د.إ390.00. Alliance Insurance PSC's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was د.إ565.87. Hence, Alliance Insurance PSC's Price to Tangible Book Ratio of today is 0.69.

The historical rank and industry rank for Alliance Insurance PSC's Price-to-Tangible-Book or its related term are showing as below:

DFM:ALLIANCE' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.68   Med: 0.76   Max: 0.91
Current: 0.69

During the past 13 years, Alliance Insurance PSC's highest Price to Tangible Book Ratio was 0.91. The lowest was 0.68. And the median was 0.76.

DFM:ALLIANCE's Price-to-Tangible-Book is not ranked
in the Insurance industry.
Industry Median: 1.34 vs DFM:ALLIANCE: 0.69

A closely related ratio is called PB Ratio. As of today, Alliance Insurance PSC's share price is د.إ390.00. Alliance Insurance PSC's Book Value per Sharefor the quarter that ended in Mar. 2024 was د.إ565.87. Hence, Alliance Insurance PSC's P/B Ratio of today is 0.69.


Alliance Insurance PSC Price-to-Tangible-Book Historical Data

The historical data trend for Alliance Insurance PSC'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.

Alliance Insurance PSC Price-to-Tangible-Book Chart

Alliance Insurance PSC 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 0.74 0.73 0.76 0.72 0.68

Alliance Insurance PSC 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 0.70 0.72 0.72 0.68 0.69

Competitive Comparison of Alliance Insurance PSC's Price-to-Tangible-Book

For the Insurance - Diversified subindustry, Alliance Insurance PSC'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.


Alliance Insurance PSC's Price-to-Tangible-Book Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Alliance Insurance PSC's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Alliance Insurance PSC's Price-to-Tangible-Book falls into.



Alliance Insurance PSC Price-to-Tangible-Book Calculation

Alliance Insurance PSC's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=390.00/565.873
=0.69

* 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.


Alliance Insurance PSC Price-to-Tangible-Book Related Terms

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


Alliance Insurance PSC (DFM:ALLIANCE) Business Description

Traded in Other Exchanges
N/A
Address
Abu Baker Siddique Road, P.O. Box: 5501, 2nd and 3rd Floor, Elegant Warba Centre, Deira, Dubai, ARE
Alliance Insurance PSC is a provider of short term and long term insurance services to individuals, corporations and government bodies. The company is organized into two business segments: Property and liability insurance segment that comprises of property, motor, aviation, marine, fire, engineering, medical, and general accidents; and Insurance of persons and fund accumulation operations segment.

Alliance Insurance PSC (DFM:ALLIANCE) Headlines

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