Saudi International Petrochemical Company (Sipchem) (2310.SR)

P/B ratio as of November 2024 : 1.17

According to Saudi International Petrochemical Company (Sipchem)'s latest financial reports the company has a price-to-book ratio of 2.5522.
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 International Petrochemical Company (Sipchem) - P/B ratio (from 2011 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	1.52	2.11%
2022-12-31	1.49	-23.95%
2021-12-31	1.96	113.4%
2020-12-31	0.9170	100.09%
2019-12-31	0.4583	-55.29%
2018-12-31	1.02	15.83%
2017-12-31	0.8849	-14.54%
2016-12-31	1.04	39.76%
2015-12-31	0.7409	-40.03%
2014-12-31	1.24	-21.37%
2013-12-31	1.57	60.08%
2012-12-31	0.9815	-4.59%
2011-12-31	1.03

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 International Petrochemical Company (Sipchem) (2310.SR) - P/B ratio