Kuwait Portland Cement (PCEM.KW)

P/B ratio as of November 2024 : 1.14

According to Kuwait Portland Cement's latest financial reports the company has a price-to-book ratio of 0.602984.
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 Portland Cement - 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	1.13	8.63%
2022-12-31	1.04	-20.95%
2021-12-31	1.32	13.73%
2020-12-31	1.16	-12.09%
2019-12-31	1.32	-20.82%
2018-12-31	1.67	23.04%
2017-12-31	1.35
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 Portland Cement (PCEM.KW) - P/B ratio