Kuwait Reinsurance Company (KUWAITRE.KW)

P/B ratio as of September 2024 : 1.22

According to Kuwait Reinsurance Company's latest financial reports the company has a price-to-book ratio of 1.22.
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.

Kuwait Reinsurance Company - P/B ratio (from 2012 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	1.25	28.86%
2022-12-31	0.9735	3.44%
2021-12-31	0.9412	26.46%
2020-12-31	0.7443	42.29%
2019-12-31	0.5231	-26.17%
2018-12-31	0.7084	4.81%
2017-12-31	0.6759	7.23%
2016-12-31	0.6303	-11.64%
2015-12-31	0.7134	-3.86%
2014-12-31	0.7421	35.55%
2013-12-31	0.5474	10.19%
2012-12-31	0.4968

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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Kuwait Reinsurance Company (KUWAITRE.KW) - P/B ratio