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Alinma Retail REIT Fund (SAU:4345) PB Ratio : 0.67 (As of May. 24, 2024)


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What is Alinma Retail REIT Fund PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-05-24), Alinma Retail REIT Fund's share price is ﷼4.92. Alinma Retail REIT Fund's Book Value per Share for the quarter that ended in Dec. 2023 was ﷼7.33. Hence, Alinma Retail REIT Fund's PB Ratio of today is 0.67.

The historical rank and industry rank for Alinma Retail REIT Fund's PB Ratio or its related term are showing as below:

SAU:4345' s PB Ratio Range Over the Past 10 Years
Min: 0.59   Med: 0.74   Max: 1.16
Current: 0.68

During the past 6 years, Alinma Retail REIT Fund's highest PB Ratio was 1.16. The lowest was 0.59. And the median was 0.74.

SAU:4345's PB Ratio is ranked better than
67.73% of 849 companies
in the REITs industry
Industry Median: 0.83 vs SAU:4345: 0.68

During the past 12 months, Alinma Retail REIT Fund's average Book Value Per Share Growth Rate was -4.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -3.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -5.60% per year.

During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of Alinma Retail REIT Fund was -3.00% per year. The lowest was -7.60% per year. And the median was -6.00% per year.

Back to Basics: PB Ratio


Alinma Retail REIT Fund PB Ratio Historical Data

The historical data trend for Alinma Retail REIT Fund's PB Ratio 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.

* Premium members only.

Alinma Retail REIT Fund PB Ratio Chart

Alinma Retail REIT Fund Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial 0.84 0.77 0.90 0.64 0.64

Alinma Retail REIT Fund Semi-Annual Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.90 0.75 0.64 0.68 0.64

Competitive Comparison of Alinma Retail REIT Fund's PB Ratio

For the REIT - Retail subindustry, Alinma Retail REIT Fund'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.


Alinma Retail REIT Fund's PB Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Alinma Retail REIT Fund's PB Ratio distribution charts can be found below:

* The bar in red indicates where Alinma Retail REIT Fund's PB Ratio falls into.



Alinma Retail REIT Fund PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Alinma Retail REIT Fund's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=4.92/7.333
=0.67

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


Alinma Retail REIT Fund  (SAU:4345) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Alinma Retail REIT Fund PB Ratio Related Terms

Thank you for viewing the detailed overview of Alinma Retail REIT Fund's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Alinma Retail REIT Fund (SAU:4345) Business Description

Traded in Other Exchanges
N/A
Address
King Fahad Road, P.O. Box 55560, Al Anoud Tower 2, Riyadh, SAU, 11544
Alinma Retail REIT Fund is a closed-end real estate investment traded fund. The company invests in real estate assets within the Kingdom of Saudi Arabia to generate periodic rental income and potential of capital appreciation. It is focusing on the retail sector which includes retail shopping malls.

Alinma Retail REIT Fund (SAU:4345) Headlines

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