Al-Babtain Power and Telecommunications (2320.SR)

P/B ratio as of September 2024 : 2.81

According to Al-Babtain Power and Telecommunications's latest financial reports the company has a price-to-book ratio of 2.81.
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.

Al-Babtain Power and Telecommunications - 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	1.91	79.06%
2022-12-31	1.07	-34.01%
2021-12-31	1.62	-5.11%
2020-12-31	1.70	19.4%
2019-12-31	1.43
2016-12-31	1.40

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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Al-Babtain Power and Telecommunications (2320.SR) - P/B ratio