Saudi Vitrified Clay Pipe Company (2360.SR)

P/B ratio as of November 2024 : 2.98

According to Saudi Vitrified Clay Pipe Company's latest financial reports the company has a price-to-book ratio of 9.30302.
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.

Saudi Vitrified Clay Pipe 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	3.41	56.28%
2022-12-31	2.18	-47.6%
2021-12-31	4.17	-21.75%
2020-12-31	5.32	91.61%
2019-12-31	2.78	4.21%
2018-12-31	2.67	-6.45%
2017-12-31	2.85	-11.17%
2016-12-31	3.21	-30.2%
2015-12-31	4.60	-14.16%
2014-12-31	5.35	13.04%
2013-12-31	4.74	3.6%
2012-12-31	4.57

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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Saudi Vitrified Clay Pipe Company (2360.SR) - P/B ratio