Al Madina Takaful Co.OG (MUS:AMAT) Price-to-Tangible-Book : 0.66 (As of May. 18, 2024)

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What is Al Madina Takaful Co.OG Price-to-Tangible-Book?

As of today (2024-05-18), Al Madina Takaful Co.OG's share price is ر.ع0.082. Al Madina Takaful Co.OG's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was ر.ع0.13. Hence, Al Madina Takaful Co.OG's Price to Tangible Book Ratio of today is 0.66.

The historical rank and industry rank for Al Madina Takaful Co.OG's Price-to-Tangible-Book or its related term are showing as below:

MUS:AMAT' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.58 Med: 0.67 Max: 0.84
Current: 0.63

During the past 13 years, Al Madina Takaful Co.OG's highest Price to Tangible Book Ratio was 0.84. The lowest was 0.58. And the median was 0.67.

MUS:AMAT's Price-to-Tangible-Book is ranked better than
85.93% of 462 companies
in the Insurance industry
Industry Median: 1.345 vs MUS:AMAT: 0.63

A closely related ratio is called PB Ratio. As of today, Al Madina Takaful Co.OG's share price is ر.ع0.082. Al Madina Takaful Co.OG's Book Value per Sharefor the quarter that ended in Dec. 2023 was ر.ع0.13. Hence, Al Madina Takaful Co.OG's P/B Ratio of today is 0.66.

Al Madina Takaful Co.OG Price-to-Tangible-Book Historical Data

The historical data trend for Al Madina Takaful Co.OG'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.

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Al Madina Takaful Co.OG Price-to-Tangible-Book Chart

Al Madina Takaful Co.OG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.65

0.73

0.67

Al Madina Takaful Co.OG Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															0.73	0.72	0.70	0.68	0.67

Competitive Comparison of Al Madina Takaful Co.OG's Price-to-Tangible-Book

For the Insurance - Diversified subindustry, Al Madina Takaful Co.OG'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.

Al Madina Takaful Co.OG's Price-to-Tangible-Book Distribution in the Insurance Industry

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

* The bar in red indicates where Al Madina Takaful Co.OG's Price-to-Tangible-Book falls into.

Al Madina Takaful Co.OG Price-to-Tangible-Book Calculation

Al Madina Takaful Co.OG's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.082	/	0.125
	=	0.66

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.

Al Madina Takaful Co.OG Price-to-Tangible-Book Related Terms

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Al Madina Takaful Co.OG (MUS:AMAT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Al Madina Takaful Co. SAOG (MUS:AMAT) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Office no. 301/302, P.O. Box 80, 3rd Floor, Building 6, Muscat Grand Mall, Ghubra, Muscat, OMN, 136

Website

https://www.almadinatakaful.com

Al Madina Takaful Co. SAOG is engaged in the business of takaful activities and investments by adopting the wakala and mudarabha model respectively, on behalf of the participants in accordance with the Islamic Sharia principles. The business operates in various segments that include the General Takaful segment; which includes insurance and reinsurance of motor, fire, general accident, marine cargo, and medical, and the Family Takaful segment; which includes insurance of an individual or group life. Fire, energy, medical, engineering, liability, and general accident segment and Motor, marine, and aviation. The General Takaful segment generates maximum revenue for the company. Geographically, the operations of the company are located inside the Sultanate of Oman.