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Dubai Islamic Insurance & Reinsurance Co PSC (DFM:AMAN) PB Ratio : 1.17 (As of May. 10, 2024)


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What is Dubai Islamic Insurance & Reinsurance Co PSC PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-05-10), Dubai Islamic Insurance & Reinsurance Co PSC's share price is د.إ0.396. Dubai Islamic Insurance & Reinsurance Co PSC's Book Value per Share for the quarter that ended in Dec. 2023 was د.إ0.34. Hence, Dubai Islamic Insurance & Reinsurance Co PSC's PB Ratio of today is 1.17.

The historical rank and industry rank for Dubai Islamic Insurance & Reinsurance Co PSC's PB Ratio or its related term are showing as below:

DFM:AMAN' s PB Ratio Range Over the Past 10 Years
Min: 0.81   Med: 1.9   Max: 3.69
Current: 1.17

During the past 13 years, Dubai Islamic Insurance & Reinsurance Co PSC's highest PB Ratio was 3.69. The lowest was 0.81. And the median was 1.90.

DFM:AMAN's PB Ratio is ranked better than
53.31% of 484 companies
in the Insurance industry
Industry Median: 1.235 vs DFM:AMAN: 1.17

During the past 12 months, Dubai Islamic Insurance & Reinsurance Co PSC's average Book Value Per Share Growth Rate was -2.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 5.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 6.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -5.20% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Dubai Islamic Insurance & Reinsurance Co PSC was 12.40% per year. The lowest was -62.00% per year. And the median was -5.90% per year.

Back to Basics: PB Ratio


Dubai Islamic Insurance & Reinsurance Co PSC PB Ratio Historical Data

The historical data trend for Dubai Islamic Insurance & Reinsurance Co PSC's PB Ratio 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.

Dubai Islamic Insurance & Reinsurance Co PSC PB Ratio Chart

Dubai Islamic Insurance & Reinsurance Co PSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.71 3.55 2.87 2.53 1.28

Dubai Islamic Insurance & Reinsurance Co PSC Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23
PB Ratio 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 2.11 2.53 3.14 1.24 1.28

Competitive Comparison of Dubai Islamic Insurance & Reinsurance Co PSC's PB Ratio

For the Insurance - Diversified subindustry, Dubai Islamic Insurance & Reinsurance Co PSC's PB Ratio, along with its competitors' market caps and PB Ratio 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.


Dubai Islamic Insurance & Reinsurance Co PSC's PB Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Dubai Islamic Insurance & Reinsurance Co PSC's PB Ratio distribution charts can be found below:

* The bar in red indicates where Dubai Islamic Insurance & Reinsurance Co PSC's PB Ratio falls into.



Dubai Islamic Insurance & Reinsurance Co PSC PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Dubai Islamic Insurance & Reinsurance Co PSC's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=0.396/0.339
=1.17

* 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 Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


Dubai Islamic Insurance & Reinsurance Co PSC  (DFM:AMAN) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Dubai Islamic Insurance & Reinsurance Co PSC PB Ratio Related Terms

Thank you for viewing the detailed overview of Dubai Islamic Insurance & Reinsurance Co PSC's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Dubai Islamic Insurance & Reinsurance Co PSC (DFM:AMAN) Business Description

Traded in Other Exchanges
N/A
Address
Oud Metha Road, Bur Dubai, P.O. Box: 157, Gulf Tower - B1 Mezzanine Floor,, Dubai, ARE
Dubai Islamic Insurance & Reinsurance Co PSC mainly issues short-term Takaful contracts in connection with motor, marine, fire, engineering, general accident risks, group life, credit life, individual life, and medical risks. The company also invests in investment securities and properties. The business operates in various segments that include Takaful Activities, Investment Activities, and Others. The Takaful Activities which include general and life insurance business generates maximum revenue for the company.

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