Kuwait Foundry Company K.S.C.P. (KFOUC.KW)

P/B ratio as of November 2024 : 2.25

According to Kuwait Foundry Company K.S.C.P.'s latest financial reports the company has a price-to-book ratio of 56.469.
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 Foundry Company K.S.C.P. - P/B ratio (from 2017 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	1.74	11.32%
2022-12-31	1.56	-17.32%
2021-12-31	1.89	32.88%
2020-12-31	1.42	27%
2019-12-31	1.12	61.59%
2018-12-31	0.6940	-18.9%
2017-12-31	0.8557
2016-12-31	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 Foundry Company K.S.C.P. (KFOUC.KW) - P/B ratio