Arabia Falcon Insurance Co (MUS:AFIC) Price-to-Tangible-Book : 0.65 (As of May. 24, 2024)

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What is Arabia Falcon Insurance Co Price-to-Tangible-Book?

As of today (2024-05-24), Arabia Falcon Insurance Co's share price is ر.ع0.121. Arabia Falcon Insurance Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was ر.ع0.19. Hence, Arabia Falcon Insurance Co's Price to Tangible Book Ratio of today is 0.65.

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

MUS:AFIC' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.59 Med: 0.64 Max: 0.68
Current: 0.64

During the past 7 years, Arabia Falcon Insurance Co's highest Price to Tangible Book Ratio was 0.68. The lowest was 0.59. And the median was 0.64.

MUS:AFIC's Price-to-Tangible-Book is ranked better than
84.85% of 462 companies
in the Insurance industry
Industry Median: 1.34 vs MUS:AFIC: 0.64

A closely related ratio is called PB Ratio. As of today, Arabia Falcon Insurance Co's share price is ر.ع0.121. Arabia Falcon Insurance Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was ر.ع0.19. Hence, Arabia Falcon Insurance Co's P/B Ratio of today is 0.63.

Arabia Falcon Insurance Co Price-to-Tangible-Book Historical Data

The historical data trend for Arabia Falcon Insurance Co'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.

Arabia Falcon Insurance Co Price-to-Tangible-Book Chart

Arabia Falcon Insurance Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.68

0.59

Arabia Falcon Insurance Co Semi-Annual Data
	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial			-	-	-	0.68	0.59

Competitive Comparison of Arabia Falcon Insurance Co's Price-to-Tangible-Book

For the Insurance - Diversified subindustry, Arabia Falcon Insurance Co'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.

Arabia Falcon Insurance Co's Price-to-Tangible-Book Distribution in the Insurance Industry

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

* The bar in red indicates where Arabia Falcon Insurance Co's Price-to-Tangible-Book falls into.

Arabia Falcon Insurance Co Price-to-Tangible-Book Calculation

Arabia Falcon Insurance Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.121	/	0.185
	=	0.65

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.

Arabia Falcon Insurance Co Price-to-Tangible-Book Related Terms

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

Arabia Falcon Insurance Co (MUS:AFIC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Arabia Falcon Insurance Co (MUS:AFIC) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Landmark Building, Ground Floor, Boushar, P.O. Box 2279, Ruwi, Muscat, OMN, 112

Website

https://www.afic.om

Arabia Falcon Insurance Co operates as an insurance company in Oman. The company serves individual and corporate clients by providing various insurance products under different lines of business. Its products include Motor Insurance, Life Insurance, medical insurance, and P & C insurance. It generates maximum revenue from the property & casualty Insurance segment.

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