Salhia Real Estate Co KSCP (KUW:SRE) Price-to-Tangible-Book : 1.45 (As of May. 25, 2024)

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What is Salhia Real Estate Co KSCP Price-to-Tangible-Book?

As of today (2024-05-25), Salhia Real Estate Co KSCP's share price is KWD0.44. Salhia Real Estate Co KSCP's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was KWD0.30. Hence, Salhia Real Estate Co KSCP's Price to Tangible Book Ratio of today is 1.45.

The historical rank and industry rank for Salhia Real Estate Co KSCP's Price-to-Tangible-Book or its related term are showing as below:

KUW:SRE' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.04 Med: 1.3 Max: 1.78
Current: 1.47

During the past 13 years, Salhia Real Estate Co KSCP's highest Price to Tangible Book Ratio was 1.78. The lowest was 1.04. And the median was 1.30.

KUW:SRE's Price-to-Tangible-Book is ranked worse than
72.53% of 1722 companies
in the Real Estate industry
Industry Median: 0.83 vs KUW:SRE: 1.47

A closely related ratio is called PB Ratio. As of today, Salhia Real Estate Co KSCP's share price is KWD0.44. Salhia Real Estate Co KSCP's Book Value per Sharefor the quarter that ended in Mar. 2024 was KWD0.30. Hence, Salhia Real Estate Co KSCP's P/B Ratio of today is 1.45.

Salhia Real Estate Co KSCP Price-to-Tangible-Book Historical Data

The historical data trend for Salhia Real Estate Co KSCP's Price-to-Tangible-Book 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.

Salhia Real Estate Co KSCP Price-to-Tangible-Book Chart

Salhia Real Estate Co KSCP Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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1.26

1.49

1.61

1.58

1.30

Salhia Real Estate Co KSCP Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Price-to-Tangible-Book	Get a 7-Day Free Trial															1.65	1.65	1.30	1.30	1.44

Competitive Comparison of Salhia Real Estate Co KSCP's Price-to-Tangible-Book

For the Real Estate Services subindustry, Salhia Real Estate Co KSCP's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.

Salhia Real Estate Co KSCP's Price-to-Tangible-Book Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Salhia Real Estate Co KSCP's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Salhia Real Estate Co KSCP's Price-to-Tangible-Book falls into.

Salhia Real Estate Co KSCP Price-to-Tangible-Book Calculation

Salhia Real Estate Co KSCP's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	0.44	/	0.304
	=	1.45

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

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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

Be Aware

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

Salhia Real Estate Co KSCP Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Salhia Real Estate Co KSCP's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

Salhia Real Estate Co KSCP (KUW:SRE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Salhia Real Estate Co KSCP (KUW:SRE) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Mohammed Thunayan Al-Ghanim Street, P.O. Box 23413, Salhia Complex, Safat, Kuwait City, KWT, 13095

Website

https://www.salhia.com

Salhia Real Estate Co KSC is engaged in real estate leasing and development of commercial properties and hotel operations in Kuwait and the United Kingdom. The company operates its business through three segments: Real Estate Operations, Hotel Operations, and Care Home Operations. Real Estate Operations being the highest revenue generator is engaged in the development and leasing of properties. Hotel Operations consist of the hotel hospitality services provided through JW Marriott Hotel - Kuwait; Courtyard Marriott Hotel-Kuwait; and Arraya Ballroom - Kuwait. Care Home Operations consist of care home activities provided by subsidiary companies. Its primary geographic markets are Kuwait & GCC and Europe.