Thob Al Aseel Company (4012.SR)

P/B ratio as of December 2024 : 2.90

According to Thob Al Aseel Company's latest financial reports the company has a price-to-book ratio of 3.29334.
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.

Thob Al Aseel Company - P/B ratio (from 2019 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	2.95	-8.03%
2023-12-31	3.21	21.38%
2022-12-31	2.64	-20.42%
2021-12-31	3.32	-22.95%
2020-12-31	4.31	74.2%
2019-12-31	2.47
2018-12-31	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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Thob Al Aseel Company (4012.SR) - P/B ratio