Aljazira Takaful Taawuni Company (8012.SR)

P/B ratio as of November 2024 : 1.09

According to Aljazira Takaful Taawuni Company's latest financial reports the company has a price-to-book ratio of 1.63155.
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.

Aljazira Takaful Taawuni Company - P/B ratio (from 2014 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	1.19	31.76%
2022-12-31	0.9057	-29.96%
2021-12-31	1.29	-30.93%
2020-12-31	1.87	31.04%
2019-12-31	1.43	-7.27%
2018-12-31	1.54	-37.09%
2017-12-31	2.45	-11.62%
2016-12-31	2.77	-11.93%
2015-12-31	3.15	-50.92%
2014-12-31	6.41

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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Aljazira Takaful Taawuni Company (8012.SR) - P/B ratio