Al-Jouf Agricultural Development (6070.SR)

P/B ratio as of December 2024 : 2.40

According to Al-Jouf Agricultural Development's latest financial reports the company has a price-to-book ratio of 3.35505.
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-Jouf Agricultural Development - P/B ratio (from 2013 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	2.46	20.1%
2023-12-31	2.05	2.52%
2022-12-31	2.00	-28.52%
2021-12-31	2.79	54.19%
2020-12-31	1.81	68.72%
2019-12-31	1.07	14.95%
2018-12-31	0.9335	-29.51%
2017-12-31	1.32
2016-12-31	N/A
2015-12-31	N/A	-100%
2014-12-31	1.57	-11.76%
2013-12-31	1.78

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-Jouf Agricultural Development (6070.SR) - P/B ratio