Middle East Healthcare Company (4009.SR)

P/B ratio as of November 2024 : 3.93

According to Middle East Healthcare Company's latest financial reports the company has a price-to-book ratio of 2.3687.
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 Healthcare Company - P/B ratio (from 2016 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	5.19	212.23%
2022-12-31	1.66	-26.03%
2021-12-31	2.25	-11.13%
2020-12-31	2.53	13.2%
2019-12-31	2.24	11.58%
2018-12-31	2.00
2015-12-31	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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Middle East Healthcare Company (4009.SR) - P/B ratio