According to Arabian Pipes Company's latest financial reports the company has a price-to-book ratio of 7.63.
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.
Year | P/B ratio | Change |
---|---|---|
2023-12-31 | 5.47 | 38.51% |
2022-12-31 | 3.95 | -36.56% |
2021-12-31 | 6.23 | 44.29% |
2020-12-31 | 4.32 | 206.93% |
2019-12-31 | 1.41 | 41.4% |
2018-12-31 | 0.9947 | 26.52% |
2017-12-31 | 0.7862 | -31.65% |
2016-12-31 | 1.15 | |
2015-12-31 | N/A | -100% |
2014-12-31 | 1.17 | -14.09% |
2013-12-31 | 1.36 |