Arabian Cement Company (3010.SR)

P/B ratio as of November 2024 : 0.9898

According to Arabian Cement Company's latest financial reports the company has a price-to-book ratio of 3.0924.
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.

Arabian Cement Company - P/B ratio (from 2015 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	1.29	4.86%
2022-12-31	1.23	-7.54%
2021-12-31	1.33	6.73%
2020-12-31	1.25	-1.06%
2019-12-31	1.26
2016-12-31	1.35	-8.28%
2015-12-31	1.47
2014-12-31	N/A
2013-12-31	N/A
2012-12-31	N/A

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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Arabian Cement Company (3010.SR) - P/B ratio