Al-Enma'a Real Estate Company (ERESCO.KW)

P/B ratio as of November 2024 : 0.6746

According to Al-Enma'a Real Estate Company's latest financial reports the company has a price-to-book ratio of 3.71453.
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-Enma'a Real Estate 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	0.5464	-17.17%
2022-12-31	0.6596	-19.03%
2021-12-31	0.8146	62.68%
2020-12-31	0.5007	-20.25%
2019-12-31	0.6279
2018-12-31	N/A
2017-12-31	N/A	-100%
2016-12-31	0.2958

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-Enma'a Real Estate Company (ERESCO.KW) - P/B ratio