Najran Cement Company (3002.SR)

P/B ratio as of December 2024 : 0.7517

According to Najran Cement Company's latest financial reports the company has a price-to-book ratio of 3.00403.
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.

Najran Cement Company - P/B ratio (from 2012 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	0.7627	-21.36%
2023-12-31	0.9698	-6.62%
2022-12-31	1.04	-34.06%
2021-12-31	1.58	4.43%
2020-12-31	1.51	47.14%
2019-12-31	1.03	38.63%
2018-12-31	0.7394	-15.31%
2017-12-31	0.8731	-11.74%
2016-12-31	0.9892	-15.18%
2015-12-31	1.17	-46.02%
2014-12-31	2.16
2012-12-31	1.77

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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Najran Cement Company (3002.SR) - P/B ratio