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Mashreqbank PSC (DFM:MASQ) Price-to-Tangible-Book : 1.40 (As of Jun. 10, 2024)


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What is Mashreqbank PSC Price-to-Tangible-Book?

As of today (2024-06-10), Mashreqbank PSC's share price is د.إ196.00. Mashreqbank PSC's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was د.إ140.20. Hence, Mashreqbank PSC's Price to Tangible Book Ratio of today is 1.40.

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

DFM:MASQ' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.53   Med: 0.7   Max: 1.41
Current: 1.4

During the past 13 years, Mashreqbank PSC's highest Price to Tangible Book Ratio was 1.41. The lowest was 0.53. And the median was 0.70.

DFM:MASQ's Price-to-Tangible-Book is ranked worse than
76.74% of 1440 companies
in the Banks industry
Industry Median: 0.91 vs DFM:MASQ: 1.40

A closely related ratio is called PB Ratio. As of today, Mashreqbank PSC's share price is د.إ196.00. Mashreqbank PSC's Book Value per Sharefor the quarter that ended in Mar. 2024 was د.إ141.93. Hence, Mashreqbank PSC's P/B Ratio of today is 1.38.


Mashreqbank PSC Price-to-Tangible-Book Historical Data

The historical data trend for Mashreqbank 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.

Mashreqbank PSC Price-to-Tangible-Book Chart

Mashreqbank 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 0.59 0.63 0.80 0.84 1.02

Mashreqbank 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 1.04 1.12 1.14 1.02 1.20

Competitive Comparison of Mashreqbank PSC's Price-to-Tangible-Book

For the Banks - Regional subindustry, Mashreqbank 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.


Mashreqbank PSC's Price-to-Tangible-Book Distribution in the Banks Industry

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

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



Mashreqbank PSC Price-to-Tangible-Book Calculation

Mashreqbank 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 )
=196.00/140.204
=1.40

* 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.


Mashreqbank PSC Price-to-Tangible-Book Related Terms

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


Mashreqbank PSC (DFM:MASQ) Business Description

Traded in Other Exchanges
N/A
Address
P.O. Box 1250, Dubai, ARE
Mashreqbank PSC is a banking corporation in the United Emirates, that provides banking and financial services to customers and businesses. The banking firm serves in domestic markets as well as abroad mainly with its commercial and retail banking services such as trade finance, project finance, savings and current accounts, fixed deposits and Mashreq millionaire deposits. The business segments are Wholesale; Retail; Treasury and capital markets; Insurance and other. It generates maximum revenue from the Wholesale segment.

Mashreqbank PSC (DFM:MASQ) Headlines

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