Kuwait Telecommunications Company (STC.KW)

P/B ratio as of November 2024 : 2.37

According to Kuwait Telecommunications Company's latest financial reports the company has a price-to-book ratio of 1.57295.
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.

Kuwait Telecommunications Company - P/B ratio (from 2018 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	2.30	-4.75%
2022-12-31	2.42	34.33%
2021-12-31	1.80	-6%
2020-12-31	1.91	5.34%
2019-12-31	1.82	-12.64%
2018-12-31	2.08
2017-12-31	N/A
2016-12-31	N/A
2015-12-31	N/A
2014-12-31	N/A
2013-12-31	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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Kuwait Telecommunications Company (STC.KW) - P/B ratio