Al Ahli Bank Of Kuwait (KUW:ABK) PB Ratio : 0.97 (As of Dec. 15, 2024)

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What is Al Ahli Bank Of Kuwait 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 (2024-12-15), Al Ahli Bank Of Kuwait's share price is KWD0.276. Al Ahli Bank Of Kuwait's Book Value per Share for the quarter that ended in Sep. 2024 was KWD0.28. Hence, Al Ahli Bank Of Kuwait's PB Ratio of today is 0.97.

The historical rank and industry rank for Al Ahli Bank Of Kuwait's PB Ratio or its related term are showing as below:

KUW:ABK' s PB Ratio Range Over the Past 10 Years
Min: 0.38 Med: 0.89 Max: 1.26
Current: 0.97

During the past 13 years, Al Ahli Bank Of Kuwait's highest PB Ratio was 1.26. The lowest was 0.38. And the median was 0.89.

KUW:ABK's PB Ratio is ranked worse than
50.79% of 1528 companies
in the Banks industry
Industry Median: 0.935 vs KUW:ABK: 0.97

During the past 12 months, Al Ahli Bank Of Kuwait's average Book Value Per Share Growth Rate was 16.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -5.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -5.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 0.50% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Al Ahli Bank Of Kuwait was 9.40% per year. The lowest was -5.20% per year. And the median was 4.20% per year.

Back to Basics: PB Ratio

Al Ahli Bank Of Kuwait PB Ratio Historical Data

The historical data trend for Al Ahli Bank Of Kuwait'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.

Al Ahli Bank Of Kuwait PB Ratio Chart

Al Ahli Bank Of Kuwait Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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0.60

0.57

0.70

0.96

0.89

Al Ahli Bank Of Kuwait Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
PB Ratio	Get a 7-Day Free Trial															0.96	0.89	1.02	1.10	0.96

Competitive Comparison of Al Ahli Bank Of Kuwait's PB Ratio

For the Banks - Regional subindustry, Al Ahli Bank Of Kuwait'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.

Al Ahli Bank Of Kuwait's PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Al Ahli Bank Of Kuwait's PB Ratio distribution charts can be found below:

* The bar in red indicates where Al Ahli Bank Of Kuwait's PB Ratio falls into.

Al Ahli Bank Of Kuwait 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.

Al Ahli Bank Of Kuwait's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Sep. 2024)
	=	0.276	/	0.284
	=	0.97

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

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

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.

Al Ahli Bank Of Kuwait (KUW:ABK) 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.

Al Ahli Bank Of Kuwait PB Ratio Related Terms

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Al Ahli Bank Of Kuwait Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Al Ahli Bank Of Kuwait (KUW:ABK) » Definitions » PB Ratio

Traded in Other Exchanges

N/A

Address

Al Safat Square, Ahmed Al Jaber Street, P.O. Box 1387, Safat, Kuwait City, KWT, 13014

Website

https://www.eahli.com

Al Ahli Bank Of Kuwait is a company engaged in the banking sector, primarily in Kuwait, United Arab Emirates, and Egypt. The group is organized into three business segments. The commercial Banking segment comprises a full range of credit, deposit, and related banking services provided to its corporate and institutional customers. Treasury and Investments segment comprises treasury services provided to customers and balance sheet management activities including money market, derivatives, propriety investment activities, assets management and the residual impact of inter-segment fund transfer pricing, and the Retail and private banking segment comprising products and services to customers which includes loans, credit cards, and wealth management.

Al Ahli Bank Of Kuwait Headlines

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