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Al Ahleia Insurance Co (KUW:AINS) Book Value per Share : KWD0.69 (As of Mar. 2024)


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What is Al Ahleia Insurance Co Book Value per Share?

Al Ahleia Insurance Co's book value per share for the quarter that ended in Mar. 2024 was KWD0.69.

During the past 12 months, Al Ahleia Insurance Co's average Book Value Per Share Growth Rate was 11.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 6.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 6.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 4.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Al Ahleia Insurance Co was 10.60% per year. The lowest was -5.20% per year. And the median was 5.80% per year.

Al Ahleia Insurance Co's current price is KWD0.85. Its book value per share for the quarter that ended in Mar. 2024 was KWD0.69. Hence, today's PB Ratio of Al Ahleia Insurance Co is 1.24.

During the past 13 years, the highest P/B Ratio of Al Ahleia Insurance Co was 1.24. The lowest was 0.69. And the median was 0.87.

Warning Sign:

Al Ahleia Insurance Co stock PB Ratio (=1.24) is close to 10-year high of 1.24


Al Ahleia Insurance Co Book Value per Share Historical Data

The historical data trend for Al Ahleia Insurance Co's Book Value per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Al Ahleia Insurance Co Book Value per Share Chart

Al Ahleia Insurance Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.50 0.53 0.61 0.63 0.65

Al Ahleia Insurance Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Book Value per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.61 0.60 0.62 0.65 0.69

Competitive Comparison of Al Ahleia Insurance Co's Book Value per Share

For the Insurance - Diversified subindustry, Al Ahleia Insurance Co's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Al Ahleia Insurance Co's PB Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Al Ahleia Insurance Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Al Ahleia Insurance Co's PB Ratio falls into.



Al Ahleia Insurance Co Book Value per Share Calculation

Al Ahleia Insurance Co's Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(139.8-0.0)/216.7
=0.65

Al Ahleia Insurance Co's Book Value Per Share for the quarter that ended in Mar. 2024 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(148.9-0.0)/216.7
=0.69

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.


Al Ahleia Insurance Co  (KUW:AINS) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Al Ahleia Insurance Co Book Value per Share Related Terms

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Al Ahleia Insurance Co (KUW:AINS) Business Description

Traded in Other Exchanges
N/A
Address
Ahmad Al-Jaber Street, Building 21, Block No. 2, P.O.Box 1602, Al Ahleia Insurance Company Tower, Al-Sharq, Safat, Kuwait, KWT, 13017
Al Ahleia Insurance Co is engaged in the provision of insurance and reinsurance products and services. The operating business segments are General risk insurance, Life and Medical insurance and Reinsurance. The general risk insurance segment consists of marine and aviation, general accident and fire. Life and medical insurance segment consist of life insurance and medical insurance. Marine and aviation offer marine cargo and marine hull insurance. The fire and accident provide compensation, money, fidelity guarantee, third-party liability, professional indemnity, and product liability insurance, among others.

Al Ahleia Insurance Co (KUW:AINS) Headlines

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