Saudi Telecom Company (7010.SR)

P/B ratio as of December 2024 : 2.44

According to Saudi Telecom Company's latest financial reports the company has a price-to-book ratio of 2.67728.
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.

Saudi Telecom Company - P/B ratio (from 2011 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	2.48	0.49%
2023-12-31	2.47	2.8%
2022-12-31	2.40	-23.53%
2021-12-31	3.14	-3.1%
2020-12-31	3.25	0.51%
2019-12-31	3.23	17.24%
2018-12-31	2.75	28.08%
2017-12-31	2.15	-8.28%
2016-12-31	2.34	5.68%
2015-12-31	2.22	3.47%
2014-12-31	2.14	12.55%
2013-12-31	1.91	12.61%
2012-12-31	1.69	35.36%
2011-12-31	1.25

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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Saudi Telecom Company (7010.SR) - P/B ratio