Salama Cooperative Insurance Company (8050.SR)

P/B ratio as of November 2024 : 1.89

According to Salama Cooperative Insurance Company's latest financial reports the company has a price-to-book ratio of 0.604362.
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.

Salama Cooperative Insurance 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	2.84	33.21%
2022-12-31	2.13	-51.13%
2021-12-31	4.36	46.98%
2020-12-31	2.97	99.61%
2019-12-31	1.49	-0.21%
2018-12-31	1.49	-39.46%
2017-12-31	2.46	59.28%
2016-12-31	1.54	-17.42%
2015-12-31	1.87
2012-12-31	7.40

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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Salama Cooperative Insurance Company (8050.SR) - P/B ratio