Warba Bank (K.S.C.) (KUW:WARBABANK) Price-to-Tangible-Book : 1.02 (As of May. 27, 2024)

View and export this data going back to 2014. Start your Free Trial

What is Warba Bank (K.S.C.) Price-to-Tangible-Book?

As of today (2024-05-27), Warba Bank (K.S.C.)'s share price is KWD0.184. Warba Bank (K.S.C.)'s Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was KWD0.18. Hence, Warba Bank (K.S.C.)'s Price to Tangible Book Ratio of today is 1.02.

The historical rank and industry rank for Warba Bank (K.S.C.)'s Price-to-Tangible-Book or its related term are showing as below:

KUW:WARBABANK' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.96 Med: 1.33 Max: 3.01
Current: 1.02

During the past 13 years, Warba Bank (K.S.C.)'s highest Price to Tangible Book Ratio was 3.01. The lowest was 0.96. And the median was 1.33.

KUW:WARBABANK's Price-to-Tangible-Book is ranked worse than
56.9% of 1443 companies
in the Banks industry
Industry Median: 0.92 vs KUW:WARBABANK: 1.02

A closely related ratio is called PB Ratio. As of today, Warba Bank (K.S.C.)'s share price is KWD0.184. Warba Bank (K.S.C.)'s Book Value per Sharefor the quarter that ended in Mar. 2024 was KWD0.18. Hence, Warba Bank (K.S.C.)'s P/B Ratio of today is 1.02.

Warba Bank (K.S.C.) Price-to-Tangible-Book Historical Data

The historical data trend for Warba Bank (K.S.C.)'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.

Warba Bank (K.S.C.) Price-to-Tangible-Book Chart

Warba Bank (K.S.C.) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.40

1.33

1.32

1.26

0.98

Warba Bank (K.S.C.) 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															1.21	1.15	1.00	0.98	0.96

Competitive Comparison of Warba Bank (K.S.C.)'s Price-to-Tangible-Book

For the Banks - Regional subindustry, Warba Bank (K.S.C.)'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.

Warba Bank (K.S.C.)'s Price-to-Tangible-Book Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Warba Bank (K.S.C.)'s Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Warba Bank (K.S.C.)'s Price-to-Tangible-Book falls into.

Warba Bank (K.S.C.) Price-to-Tangible-Book Calculation

Warba Bank (K.S.C.)'s price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	0.184	/	0.181
	=	1.02

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.

Warba Bank (K.S.C.) Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Warba Bank (K.S.C.)'s Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

Warba Bank (K.S.C.) (KUW:WARBABANK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Warba Bank (K.S.C.) (KUW:WARBABANK) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Omar Ibn Al-Khattab Street, Mezzanine Floor 1, Al-Raya Tower, Kuwait City, KWT, 13013

Website

https://www.warbabank.com

Warba Bank (K.S.C.) is a Kuwait-based banking corporation involved in corporate, retail, and investment banking activities in accordance with the principles of Islamic Sharia. It has five operating segments; Corporate offers a range of banking services and investment products to corporate customers, in addition to providing commodity and real estate Murabaha finance and Ijara facilities. Retail offers diversified products and services to individual customers, Treasury includes Bank's funding operations management, local and international Murabaha, and other Islamic financings with banks and financial institutions, Investment includes investment in direct equity, real estate investment, other investments, and asset management, and Other includes cost center assets and expenses.

Warba Bank (K.S.C.) (KUW:WARBABANK) Headlines

No Headlines