Al-Yamamah Steel Industries Company (1304.SR)

P/B ratio as of November 2024 : 2.27

According to Al-Yamamah Steel Industries Company's latest financial reports the company has a price-to-book ratio of 0.782933.
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-Yamamah Steel Industries Company - 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	1.93	24.2%
2022-12-31	1.55	-37.04%
2021-12-31	2.47	36.44%
2020-12-31	1.81	33.94%
2019-12-31	1.35
2017-12-31	1.58	-15.8%
2016-12-31	1.87
2015-12-31	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-Yamamah Steel Industries Company (1304.SR) - P/B ratio