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Gulf Investment House KSC (KUW:GIH) PB Ratio : 3.45 (As of Jun. 24, 2024)


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What is Gulf Investment House KSC 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 (2024-06-24), Gulf Investment House KSC's share price is KWD0.38. Gulf Investment House KSC's Book Value per Share for the quarter that ended in Mar. 2024 was KWD0.11. Hence, Gulf Investment House KSC's PB Ratio of today is 3.45.

The historical rank and industry rank for Gulf Investment House KSC's PB Ratio or its related term are showing as below:

KUW:GIH' s PB Ratio Range Over the Past 10 Years
Min: 0.23   Med: 0.68   Max: 4.19
Current: 3.45

During the past 13 years, Gulf Investment House KSC's highest PB Ratio was 4.19. The lowest was 0.23. And the median was 0.68.

KUW:GIH's PB Ratio is ranked worse than
92.32% of 1680 companies
in the Asset Management industry
Industry Median: 0.93 vs KUW:GIH: 3.45

During the past 12 months, Gulf Investment House KSC's average Book Value Per Share Growth Rate was 2.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 7.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 4.90% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -5.70% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Gulf Investment House KSC was 30.70% per year. The lowest was -33.90% per year. And the median was -12.90% per year.

Back to Basics: PB Ratio


Gulf Investment House KSC PB Ratio Historical Data

The historical data trend for Gulf Investment House KSC'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.

Gulf Investment House KSC PB Ratio Chart

Gulf Investment House KSC 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 0.67 0.95 2.88 3.76 3.00

Gulf Investment House KSC 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 3.38 3.24 3.58 3.00 3.45

Competitive Comparison of Gulf Investment House KSC's PB Ratio

For the Asset Management subindustry, Gulf Investment House 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.


Gulf Investment House KSC's PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Gulf Investment House KSC's PB Ratio distribution charts can be found below:

* The bar in red indicates where Gulf Investment House KSC's PB Ratio falls into.



Gulf Investment House KSC 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.

Gulf Investment House KSC's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=0.38/0.11
=3.45

* 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.


Gulf Investment House KSC  (KUW:GIH) 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.


Gulf Investment House KSC PB Ratio Related Terms

Thank you for viewing the detailed overview of Gulf Investment House KSC's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Gulf Investment House KSC (KUW:GIH) Business Description

Traded in Other Exchanges
Address
Sharq, Ahmad Al Jaber Street, P.O. Box 28808, 29th Floor, Dar Al-Awadi Tower, Safat, Kuwait City, KWT, 13149
Gulf Investment House KSC (GIH) is a financial services company. It is engaged in investment activities and related financial and advisory services. The company also trades and invests in properties. The company derives most of its revenue from Investment. The operating segments of the group are Investments and Real estate. It derives a majority of revenue from the Investments segment. It earns fees and commission income from a diverse range of asset management, investment banking, custody, and brokerage services provided to the customers.

Gulf Investment House KSC (KUW:GIH) Headlines

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