Independent Petroleum Group K.S.C.P. (IPG.KW)

P/B ratio as of September 2024 : 0.8367

According to Independent Petroleum Group K.S.C.P.'s latest financial reports the company has a price-to-book ratio of 0.8367.
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.

Independent Petroleum Group K.S.C.P. - 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	0.7256	-21.19%
2022-12-31	0.9207	-12.85%
2021-12-31	1.06	23.13%
2020-12-31	0.8580	-3.35%
2019-12-31	0.8877	16.21%
2018-12-31	0.7639	2.1%
2017-12-31	0.7482	21.71%
2016-12-31	0.6148	11.83%
2015-12-31	0.5497	-27.87%
2014-12-31	0.7621	9.37%
2013-12-31	0.6968
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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Independent Petroleum Group K.S.C.P. (IPG.KW) - P/B ratio