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Methaq Takaful Insurance Co PSC (ADX:METHAQ) Price-to-Tangible-Book : 1.05 (As of May. 27, 2024)


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What is Methaq Takaful Insurance Co PSC Price-to-Tangible-Book?

As of today (2024-05-27), Methaq Takaful Insurance Co PSC's share price is د.إ0.645. Methaq Takaful Insurance Co PSC's Tangible Book per Share of Dec. 2020 for the quarter that ended in Dec. 2020 was د.إ0.62. Hence, Methaq Takaful Insurance Co PSC's Price to Tangible Book Ratio of today is 1.05.

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

ADX:METHAQ's Price-to-Tangible-Book is not ranked *
in the Insurance industry.
Industry Median: 1.34
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Methaq Takaful Insurance Co PSC's share price is د.إ0.645. Methaq Takaful Insurance Co PSC's Book Value per Sharefor the quarter that ended in Dec. 2020 was د.إ0.62. Hence, Methaq Takaful Insurance Co PSC's P/B Ratio of today is 1.05.


Methaq Takaful Insurance Co PSC Price-to-Tangible-Book Historical Data

The historical data trend for Methaq Takaful Insurance Co 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.

Methaq Takaful Insurance Co PSC Price-to-Tangible-Book Chart

Methaq Takaful Insurance Co PSC Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.69 1.47 1.29 1.42 1.41

Methaq Takaful Insurance Co PSC Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
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 1.42 0.98 1.10 1.12 1.41

Competitive Comparison of Methaq Takaful Insurance Co PSC's Price-to-Tangible-Book

For the Insurance - Diversified subindustry, Methaq Takaful Insurance Co 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.


Methaq Takaful Insurance Co PSC's Price-to-Tangible-Book Distribution in the Insurance Industry

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

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



Methaq Takaful Insurance Co PSC Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2020 )
=0.645/0.615
=1.05

* 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.


Methaq Takaful Insurance Co PSC Price-to-Tangible-Book Related Terms

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


Methaq Takaful Insurance Co PSC (ADX:METHAQ) Business Description

Traded in Other Exchanges
N/A
Address
Delma 13th Street, Behind Judicial Court, P.O. Box 32774, Building Number: C54, Opposite Al Fara'a Co Tower, Abu Dhabi, ARE
Methaq Takaful Insurance Co PSC offers a range of insurance and reinsurance products and services to individuals and corporates. The objective of the company is to offer Individuals and Corporations a complete range of high quality, flexible, integrated, Shariah-compliant insurance products & services, in association with selected Distribution Partners. Its product line includes accident, travel, marine and air transport insurance and reinsurance products, among others.

Methaq Takaful Insurance Co PSC (ADX:METHAQ) Headlines

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