National Mobile Telecommunications Company (OOREDOO.KW)

P/B ratio as of November 2024 : 0.7961

According to National Mobile Telecommunications Company's latest financial reports the company has a price-to-book ratio of 0.765204.
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.

National Mobile Telecommunications Company - P/B ratio (from 2012 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	0.8897	-2.58%
2022-12-31	0.9133	84.77%
2021-12-31	0.4943	2.52%
2020-12-31	0.4821	-21.37%
2019-12-31	0.6132	13.53%
2018-12-31	0.5401	-27.52%
2017-12-31	0.7452	-5.9%
2016-12-31	0.7919	13.46%
2015-12-31	0.6979	-15.11%
2014-12-31	0.8222	-13.08%
2013-12-31	0.9459	-22.63%
2012-12-31	1.22

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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National Mobile Telecommunications Company (OOREDOO.KW) - P/B ratio