Arabian Shield Cooperative Insurance Company (8070.SR)

P/B ratio as of November 2024 : 0.9334

According to Arabian Shield Cooperative Insurance Company's latest financial reports the company has a price-to-book ratio of 1.41756.
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.

Arabian Shield Cooperative Insurance Company - P/B ratio (from 2012 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	0.9584	13.21%
2022-12-31	0.8466	-53.58%
2021-12-31	1.82	16.03%
2020-12-31	1.57	32.39%
2019-12-31	1.19	-8.01%
2018-12-31	1.29	-37.73%
2017-12-31	2.07	-10.09%
2016-12-31	2.31	21.91%
2015-12-31	1.89
2012-12-31	4.08

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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Arabian Shield Cooperative Insurance Company (8070.SR) - P/B ratio