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Gas Arabian Services Co (SAU:9528) PB Ratio : 4.38 (As of May. 26, 2024)


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What is Gas Arabian Services Co 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 (2024-05-26), Gas Arabian Services Co's share price is ﷼9.99. Gas Arabian Services Co's Book Value per Share for the quarter that ended in Dec. 2023 was ﷼2.28. Hence, Gas Arabian Services Co's PB Ratio of today is 4.38.

The historical rank and industry rank for Gas Arabian Services Co's PB Ratio or its related term are showing as below:

SAU:9528' s PB Ratio Range Over the Past 10 Years
Min: 2.84   Med: 3.84   Max: 6.13
Current: 4.37

During the past 3 years, Gas Arabian Services Co's highest PB Ratio was 6.13. The lowest was 2.84. And the median was 3.84.

SAU:9528's PB Ratio is ranked worse than
90.48% of 987 companies
in the Oil & Gas industry
Industry Median: 1.24 vs SAU:9528: 4.37

During the past 12 months, Gas Arabian Services Co's average Book Value Per Share Growth Rate was 13.80% per year.

Back to Basics: PB Ratio


Gas Arabian Services Co PB Ratio Historical Data

The historical data trend for Gas Arabian Services Co'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.

Gas Arabian Services Co PB Ratio Chart

Gas Arabian Services Co Annual Data
Trend Dec21 Dec22 Dec23
PB Ratio
- 2.93 3.24

Gas Arabian Services Co Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
PB Ratio Get a 7-Day Free Trial - 4.46 2.93 3.58 3.24

Competitive Comparison of Gas Arabian Services Co's PB Ratio

For the Oil & Gas Equipment & Services subindustry, Gas Arabian Services 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.


Gas Arabian Services Co's PB Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Gas Arabian Services Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Gas Arabian Services Co's PB Ratio falls into.



Gas Arabian Services Co 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.

Gas Arabian Services Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=9.99/2.283
=4.38

* 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.


Gas Arabian Services Co  (SAU:9528) 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.


Gas Arabian Services Co PB Ratio Related Terms

Thank you for viewing the detailed overview of Gas Arabian Services Co's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Gas Arabian Services Co (SAU:9528) Business Description

Traded in Other Exchanges
N/A
Address
Unit no. 8500, Dammam, SAU, 32241-5150
Gas Arabian Services Co is a total solutions provider in the fields of integrated services for oil, petrochemical, chemical & allied industries. It offers leak detection systems, automation, instrumentation, mechanical, piping, static and project management services for petrochemical, electrical, oil and gas, steel, water, and desalination industries. Business is organized into three segments being Technical services, Trading and Manufacturing. Substantial revenue is generated from the Trading segment which is engaged in sales of industrial, electrical, mechanical, hydromechanical, petroleum and other technical equipment.

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