Heisco (Heavy Engineering Industries and Shipbuilding Company) (SHIP.KW)

P/B ratio as of September 2024 : 2.09

According to Heisco (Heavy Engineering Industries and Shipbuilding Company)'s latest financial reports the company has a price-to-book ratio of 2.09.
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.

Heisco (Heavy Engineering Industries and Shipbuilding 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	2.00	27.88%
2022-12-31	1.56	17.07%
2021-12-31	1.33	23.13%
2020-12-31	1.08	-7.57%
2019-12-31	1.17	-15.78%
2018-12-31	1.39	87.43%
2017-12-31	0.7423	12.72%
2016-12-31	0.6585
2012-12-31	0.8336

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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Heisco (Heavy Engineering Industries and Shipbuilding Company) (SHIP.KW) - P/B ratio