Al Meera Consumer Goods Company (MERS.QA)

P/B ratio as of September 2024 : 1.89

According to Al Meera Consumer Goods Company's latest financial reports the company has a price-to-book ratio of 1.89.
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 Meera Consumer Goods Company - P/B ratio (from 2012 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	1.62	-17.74%
2022-12-31	1.97	-20.13%
2021-12-31	2.47	-6.04%
2020-12-31	2.62	26.4%
2019-12-31	2.08	1.72%
2018-12-31	2.04	0.14%
2017-12-31	2.04	-16.21%
2016-12-31	2.43	-21.19%
2015-12-31	3.09	11.51%
2014-12-31	2.77	45.81%
2013-12-31	1.90	-63.25%
2012-12-31	5.17

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 Meera Consumer Goods Company (MERS.QA) - P/B ratio