Saudi Industrial Development Company (2130.SR)

P/B ratio as of October 2024 : 4.59

According to Saudi Industrial Development Company's latest financial reports the company has a price-to-book ratio of 4.59.
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.

Saudi Industrial Development Company - P/B ratio (from 2017 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	4.34	83.53%
2022-12-31	2.36	-38.18%
2021-12-31	3.82	46.07%
2020-12-31	2.62	80.73%
2019-12-31	1.45

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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Saudi Industrial Development Company (2130.SR) - P/B ratio