Wethaq Takaful Insurance Company K.S.C.P. (WETHAQ.KW)

P/B ratio as of December 2024 : 1.22

According to Wethaq Takaful Insurance Company K.S.C.P.'s latest financial reports the company has a price-to-book ratio of 29.1012.
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.

Wethaq Takaful Insurance Company K.S.C.P. - P/B ratio (from 2012 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	1.06	64.08%
2023-12-31	0.6474	-1.78%
2022-12-31	0.6591	-49.77%
2021-12-31	1.31	141.11%
2020-12-31	0.5442	138.91%
2019-12-31	0.2278	-12.15%
2018-12-31	0.2593	-37.2%
2017-12-31	0.4129	39.99%
2016-12-31	0.2950
2012-12-31	0.3874

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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Wethaq Takaful Insurance Company K.S.C.P. (WETHAQ.KW) - P/B ratio