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Bahrain Kuwait Insurance Co BSC (BAH:BKIC) PB Ratio : 1.25 (As of May. 22, 2024)


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What is Bahrain Kuwait Insurance Co BSC 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 (2024-05-22), Bahrain Kuwait Insurance Co BSC's share price is BHD0.35. Bahrain Kuwait Insurance Co BSC's Book Value per Share for the quarter that ended in Mar. 2024 was BHD0.28. Hence, Bahrain Kuwait Insurance Co BSC's PB Ratio of today is 1.25.

Good Sign:

Bahrain Kuwait Insurance Co BSC stock PB Ratio (=1.25) is close to 3-year low of 1.13

The historical rank and industry rank for Bahrain Kuwait Insurance Co BSC's PB Ratio or its related term are showing as below:

BAH:BKIC' s PB Ratio Range Over the Past 10 Years
Min: 1   Med: 1.27   Max: 1.63
Current: 1.25

During the past 13 years, Bahrain Kuwait Insurance Co BSC's highest PB Ratio was 1.63. The lowest was 1.00. And the median was 1.27.

BAH:BKIC's PB Ratio is ranked worse than
50.82% of 488 companies
in the Insurance industry
Industry Median: 1.23 vs BAH:BKIC: 1.25

During the past 12 months, Bahrain Kuwait Insurance Co BSC's average Book Value Per Share Growth Rate was 3.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 3.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 4.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 3.00% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Bahrain Kuwait Insurance Co BSC was 6.80% per year. The lowest was -1.10% per year. And the median was 3.60% per year.

Back to Basics: PB Ratio


Bahrain Kuwait Insurance Co BSC PB Ratio Historical Data

The historical data trend for Bahrain Kuwait Insurance Co BSC'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.

Bahrain Kuwait Insurance Co BSC PB Ratio Chart

Bahrain Kuwait Insurance Co BSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.18 1.15 1.55 1.16 1.16

Bahrain Kuwait Insurance Co BSC Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.26 1.34 1.19 1.16 1.24

Competitive Comparison of Bahrain Kuwait Insurance Co BSC's PB Ratio

For the Insurance - Diversified subindustry, Bahrain Kuwait Insurance Co BSC'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.


Bahrain Kuwait Insurance Co BSC's PB Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Bahrain Kuwait Insurance Co BSC's PB Ratio distribution charts can be found below:

* The bar in red indicates where Bahrain Kuwait Insurance Co BSC's PB Ratio falls into.



Bahrain Kuwait Insurance Co BSC 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.

Bahrain Kuwait Insurance Co BSC's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=0.35/0.279
=1.25

* 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.


Bahrain Kuwait Insurance Co BSC  (BAH:BKIC) 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.


Bahrain Kuwait Insurance Co BSC PB Ratio Related Terms

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


Bahrain Kuwait Insurance Co BSC (BAH:BKIC) Business Description

Traded in Other Exchanges
N/A
Address
BKIC Tower 2775, Road 2835, PO Box 10166, Block 428, Seef District, Manama, BHR
Bahrain Kuwait Insurance Co BSC is a Bahrain- based insurance company. The operating segment of the company is Fire and general, Motor, Marine and Aviation and Family Takaful. Fire and General covers risks of fire, general accident, medical, group life and special contingency. Motor covers risks of motor third party, motor comprehensive and extended warranty. Marine and Aviation cover risks of marine cargo, marine hull, and marine aviation. Family Takaful covers risks of group life, education, protection, savings, among others. Geographically, it operates in Bahrain and some other countries.

Bahrain Kuwait Insurance Co BSC (BAH:BKIC) Headlines

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