Noor Financial Investment Company (NOOR.KW)

P/B ratio as of November 2024 : 0.9024

According to Noor Financial Investment Company's latest financial reports the company has a price-to-book ratio of 8.49147.
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.

Noor Financial Investment Company - P/B ratio (from 2010 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	1.00	-2.05%
2022-12-31	1.02	-30.75%
2021-12-31	1.48	62.14%
2020-12-31	0.9121	36.52%
2019-12-31	0.6681	50.45%
2018-12-31	0.4441	13.56%
2017-12-31	0.3910	47.29%
2016-12-31	0.2655	-13.11%
2015-12-31	0.3055	-50.2%
2014-12-31	0.6136	-7.46%
2013-12-31	0.6631	-7.15%
2012-12-31	0.7141
2011-12-31	N/A	-100%
2010-12-31	0.3054
2009-12-31	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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Noor Financial Investment Company (NOOR.KW) - P/B ratio