According to Group Five Pipe Saudi Company's latest financial reports the company has a price-to-book ratio of 3.69.
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.
Year | P/B ratio | Change |
---|---|---|
2023-12-31 | 2.72 | 26.76% |
2022-12-31 | 2.15 | -32.95% |
2021-12-31 | 3.20 |