Saudi Steel Pipes (1320.SR)

P/B ratio as of November 2024 : 3.47

According to Saudi Steel Pipes's latest financial reports the company has a price-to-book ratio of 1.94386.
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 Steel Pipes - P/B ratio (from 2011 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	2.05	24.9%
2022-12-31	1.64	-36.11%
2021-12-31	2.57	-9.88%
2020-12-31	2.85	44.18%
2019-12-31	1.98	21.19%
2018-12-31	1.63	46.52%
2017-12-31	1.11	-17.6%
2016-12-31	1.35	-7.11%
2015-12-31	1.46	-3.92%
2014-12-31	1.52	-33.49%
2013-12-31	2.28	41.84%
2012-12-31	1.61	-14.44%
2011-12-31	1.88
2010-12-31	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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Saudi Steel Pipes (1320.SR) - P/B ratio