Al Rajhi Company for Cooperative Insurance (8230.SR)

P/B ratio as of November 2024 : 8.76

According to Al Rajhi Company for Cooperative Insurance's latest financial reports the company has a price-to-book ratio of 3.66069.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.

Al Rajhi Company for Cooperative Insurance - P/B ratio (from 2016 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	4.12	52.67%
2022-12-31	2.70	15.25%
2021-12-31	2.34	-19.48%
2020-12-31	2.91	0.24%
2019-12-31	2.90	-16.67%
2018-12-31	3.48	-11.9%
2017-12-31	3.95	9.78%
2016-12-31	3.60
2015-12-31	N/A
2012-12-31	N/A

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Al Rajhi Company for Cooperative Insurance (8230.SR) - P/B ratio