Ali Alghanim Sons Automotive Co KSC (KUW:ALG) Book Value per Share : KWD0.28 (As of Mar. 2024)

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What is Ali Alghanim Sons Automotive Co KSC Book Value per Share?

Ali Alghanim Sons Automotive Co KSC's book value per share for the quarter that ended in Mar. 2024 was KWD0.28.

During the past 12 months, Ali Alghanim Sons Automotive Co KSC's average Book Value Per Share Growth Rate was 7.80% 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.

Ali Alghanim Sons Automotive Co KSC's current price is KWD1.004. Its book value per share for the quarter that ended in Mar. 2024 was KWD0.28. Hence, today's PB Ratio of Ali Alghanim Sons Automotive Co KSC is 3.61.

During the past 3 years, the highest P/B Ratio of Ali Alghanim Sons Automotive Co KSC was 4.38. The lowest was 2.97. And the median was 3.90.

Good Sign:

Ali Alghanim Sons Automotive Co KSC stock PB Ratio (=3.61) is close to 1-year low of 3.6

Ali Alghanim Sons Automotive Co KSC Book Value per Share Historical Data

The historical data trend for Ali Alghanim Sons Automotive Co KSC'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.

* Premium members only.

Ali Alghanim Sons Automotive Co KSC Book Value per Share Chart

Ali Alghanim Sons Automotive Co KSC Annual Data

Trend

Dec21

Dec22

Dec23

Book Value per Share

0.21

0.27

0.30

Ali Alghanim Sons Automotive Co KSC Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Book Value per Share	Get a 7-Day Free Trial							0.26	0.28	0.28	0.30	0.28

Competitive Comparison of Ali Alghanim Sons Automotive Co KSC's Book Value per Share

For the Auto & Truck Dealerships subindustry, Ali Alghanim Sons Automotive Co KSC'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.

Ali Alghanim Sons Automotive Co KSC's PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Ali Alghanim Sons Automotive Co KSC's PB Ratio distribution charts can be found below:

* The bar in red indicates where Ali Alghanim Sons Automotive Co KSC's PB Ratio falls into.

Ali Alghanim Sons Automotive Co KSC Book Value per Share Calculation

Ali Alghanim Sons Automotive Co KSC'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)
	=	(82.5	-	0.0)	/	274.0
	=	0.30

Ali Alghanim Sons Automotive Co KSC'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)
	=	(76.2	-	0.0)	/	274.0
	=	0.28

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.

Ali Alghanim Sons Automotive Co KSC (KUW:ALG) 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.

Ali Alghanim Sons Automotive Co KSC Book Value per Share Related Terms

Thank you for viewing the detailed overview of Ali Alghanim Sons Automotive Co KSC's Book Value per Share provided by GuruFocus.com. Please click on the following links to see related term pages.

Ali Alghanim Sons Automotive Co KSC (KUW:ALG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Ali Alghanim Sons Automotive Co KSC (KUW:ALG) » Definitions » Book Value per Share

Comparable Companies

Traded in Other Exchanges

N/A

Address

Airport Road 55, P.O. Box 21540, Safat, Opposite Kaifan Telecommunication, Shuwaikh, KWT, 13076

Website

https://alg.com.kw

Ali Alghanim Sons Automotive Co KSC is engaged in the automotive business. The Primary Activities of the Company are selling and purchasing cars and spare parts, importing and exporting light and heavy vehicles and cars, renting cars, maintaining light & heavy vehicles and cars, trading auto spare parts, and renting equipment and their maintenance. The Group is divided into four main geographical segments which are the State of Kuwait, Iraq, Egypt and the United Arab Emirates. The majority is derived from Kuwait.