Saudi Company for Hardware (SACO) (4008.SR)

P/B ratio as of November 2024 : 2.89

According to Saudi Company for Hardware (SACO)'s latest financial reports the company has a price-to-book ratio of 1.03423.
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.

Saudi Company for Hardware (SACO) - 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	4.05	71.11%
2022-12-31	2.37	-25.01%
2021-12-31	3.16	-8.02%
2020-12-31	3.43	-0.98%
2019-12-31	3.47	-7.63%
2018-12-31	3.75	-14.44%
2017-12-31	4.39	8.48%
2016-12-31	4.04	-23.86%
2015-12-31	5.31
2014-12-31	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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Saudi Company for Hardware (SACO) (4008.SR) - P/B ratio