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Sheba Renewable Energy (AMM:SHBA) PB Ratio : (As of Jun. 25, 2024)


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What is Sheba Renewable Energy 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 (2024-06-25), Sheba Renewable Energy's share price is JOD21.04. Sheba Renewable Energy's Book Value per Share for the fiscal year that ended in . 20 was JOD0.00. Hence, Sheba Renewable Energy's PB Ratio of today is .

The historical rank and industry rank for Sheba Renewable Energy's PB Ratio or its related term are showing as below:

AMM:SHBA's PB Ratio is not ranked *
in the Industrial Products industry.
Industry Median: 1.82
* Ranked among companies with meaningful PB Ratio only.

Back to Basics: PB Ratio


Sheba Renewable Energy PB Ratio Historical Data

The historical data trend for Sheba Renewable Energy'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.

Sheba Renewable Energy PB Ratio Chart

Sheba Renewable Energy Annual Data
Trend
PB Ratio

Sheba Renewable Energy Quarterly Data
PB Ratio

Competitive Comparison of Sheba Renewable Energy's PB Ratio

For the Metal Fabrication subindustry, Sheba Renewable Energy'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.


Sheba Renewable Energy's PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sheba Renewable Energy's PB Ratio distribution charts can be found below:

* The bar in red indicates where Sheba Renewable Energy's PB Ratio falls into.



Sheba Renewable Energy 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.

Sheba Renewable Energy's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (A: . 20)
=21.04/
=

* 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.


Sheba Renewable Energy  (AMM:SHBA) 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.


Sheba Renewable Energy PB Ratio Related Terms

Thank you for viewing the detailed overview of Sheba Renewable Energy's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Sheba Renewable Energy (AMM:SHBA) Business Description

Traded in Other Exchanges
N/A
Address
Muqablane industrial area, P.O. Box 389, Amman, JOR, 11623
Sheba Metal Casting is a metal fabrication company. It provides heat treatment services which allow for softening, hardening, improved machinability, and increased wear resistance. The company also provides finishing facilities and metal analysis services. Its product profile includes Crushers, Earth Equipment, and Different Parts.

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