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Ajial Real Estate & Entertainment Co (KUW:AREEC) PB Ratio : 0.44 (As of Apr. 24, 2025)


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What is Ajial Real Estate & Entertainment Co 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 (2025-04-24), Ajial Real Estate & Entertainment Co's share price is KWD0.298. Ajial Real Estate & Entertainment Co's Book Value per Share for the quarter that ended in Dec. 2024 was KWD0.67. Hence, Ajial Real Estate & Entertainment Co's PB Ratio of today is 0.44.

The historical rank and industry rank for Ajial Real Estate & Entertainment Co's PB Ratio or its related term are showing as below:

KUW:AREEC' s PB Ratio Range Over the Past 10 Years
Min: 0.18   Med: 0.28   Max: 0.5
Current: 0.42

During the past 13 years, Ajial Real Estate & Entertainment Co's highest PB Ratio was 0.50. The lowest was 0.18. And the median was 0.28.

KUW:AREEC's PB Ratio is ranked better than
75.42% of 1713 companies
in the Real Estate industry
Industry Median: 0.78 vs KUW:AREEC: 0.42

During the past 12 months, Ajial Real Estate & Entertainment Co's average Book Value Per Share Growth Rate was 2.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 2.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 2.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 2.00% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Ajial Real Estate & Entertainment Co was 30.50% per year. The lowest was -17.10% per year. And the median was 2.20% per year.

Back to Basics: PB Ratio


Ajial Real Estate & Entertainment Co PB Ratio Historical Data

The historical data trend for Ajial Real Estate & Entertainment Co'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.

Ajial Real Estate & Entertainment Co PB Ratio Chart

Ajial Real Estate & Entertainment Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.28 0.45 0.42 0.38 0.40

Ajial Real Estate & Entertainment Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.38 0.40 0.41 0.39 0.40

Competitive Comparison of Ajial Real Estate & Entertainment Co's PB Ratio

For the Real Estate Services subindustry, Ajial Real Estate & Entertainment Co'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.


Ajial Real Estate & Entertainment Co's PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Ajial Real Estate & Entertainment Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Ajial Real Estate & Entertainment Co's PB Ratio falls into.


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Ajial Real Estate & Entertainment Co 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.

Ajial Real Estate & Entertainment Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2024)
=0.298/0.672
=0.44

* 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.


Ajial Real Estate & Entertainment Co  (KUW:AREEC) 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.


Ajial Real Estate & Entertainment Co PB Ratio Related Terms

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Ajial Real Estate & Entertainment Co Business Description

Traded in Other Exchanges
N/A
Address
Al Andalus Mall, 16th Floor (Hawally), P O Box 22448, Safat, Kuwait City, KWT, 13085
Ajial Real Estate & Entertainment Co is a real estate company. Its activities include buying and selling lands, renting and selling real estate domestically and outside Kuwait, establishing and maintaining residential complexes, building commercial markets and entertainment centers, touristic facilities, and accommodations, providing contracting services, and trading building materials. The company's segments include Real estate activities, Entertainment activities, and Equities and other investing activities. The majority of its revenue is generated from the Real Estate Activities segment.

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