Shamal Az-Zour Al-Oula Power and Water Company (AZNOULA.KW)

P/B ratio as of November 2024 : 1.25

According to Shamal Az-Zour Al-Oula Power and Water Company's latest financial reports the company has a price-to-book ratio of 3.2377.
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.

Shamal Az-Zour Al-Oula Power and Water Company - P/B ratio (from 2020 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	1.58	-10.47%
2022-12-31	1.77	-58.86%
2021-12-31	4.29	-42.88%
2020-12-31	7.52
2019-12-31	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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Shamal Az-Zour Al-Oula Power and Water Company (AZNOULA.KW) - P/B ratio