Middle East Specialized Cables Company
2370.SR
$8.38
Share price
-1.57%
Change (1 day)
114.31%
Change (1 year)
Categories
Middle East Specialized Cables Company (2370.SR) - P/B ratio
P/B ratio as of May 2024 : 3.37
According to Middle East Specialized Cables Company's latest financial reports the company has a price-to-book ratio of 3.37.
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.
Middle East Specialized Cables Company - P/B ratio (from 2012 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 2.37 | 96% |
| 2022-12-31 | 1.21 | -49.54% |
| 2021-12-31 | 2.39 | 40.07% |
| 2020-12-31 | 1.71 | 62.31% |
| 2019-12-31 | 1.05 | -17.99% |
| 2018-12-31 | 1.28 | 16.94% |
| 2017-12-31 | 1.10 | -1.06% |
| 2016-12-31 | 1.11 | |
| 2012-12-31 | 2.43 |