Tabuk Agricultural Development Company (6040.SR)

P/B ratio as of September 2024 : 2.34

According to Tabuk Agricultural Development Company's latest financial reports the company has a price-to-book ratio of 2.34.
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.

Tabuk Agricultural Development Company - P/B ratio (from 2015 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	2.06	-7.05%
2022-12-31	2.21	-39.18%
2021-12-31	3.64	11.12%
2020-12-31	3.27	126.86%
2019-12-31	1.44	47.96%
2018-12-31	0.9753	-13.53%
2017-12-31	1.13	21.04%
2016-12-31	0.9319	-0.04%
2015-12-31	0.9322

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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Tabuk Agricultural Development Company (6040.SR) - P/B ratio