Al Khaleej Training and Education Company (4290.SR)

P/B ratio as of September 2024 : 3.44

According to Al Khaleej Training and Education Company's latest financial reports the company has a price-to-book ratio of 3.44.
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.

Al Khaleej Training and Education Company - P/B ratio (from 2016 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	3.36	128.43%
2022-12-31	1.47	-22.19%
2021-12-31	1.89	9.36%
2020-12-31	1.73	75.84%
2019-12-31	0.9839	-9.68%
2018-12-31	1.09	-24.21%
2017-12-31	1.44

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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Al Khaleej Training and Education Company (4290.SR) - P/B ratio