Al Ahli Bank of Kuwait (ABK.KW)

P/B ratio as of November 2024 : 0.9438

According to Al Ahli Bank of Kuwait's latest financial reports the company has a price-to-book ratio of 3.42858.
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.

Al Ahli Bank of Kuwait - P/B ratio (from 2013 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	0.8844	-8.04%
2022-12-31	0.9617	37.03%
2021-12-31	0.7018	23.58%
2020-12-31	0.5679	-4.57%
2019-12-31	0.5951	-15.05%
2018-12-31	0.7006	-13.88%
2017-12-31	0.8134	-6.11%
2016-12-31	0.8664	-20.04%
2015-12-31	1.08	-8.59%
2014-12-31	1.19	-9.76%
2013-12-31	1.31
2012-12-31	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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Al Ahli Bank of Kuwait (ABK.KW) - P/B ratio