Kuwait Real Estate Co (KUW:KRE) PB Ratio : 1.28 (As of Jun. 23, 2024)

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What is Kuwait Real Estate 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 (2024-06-23), Kuwait Real Estate Co's share price is KWD0.22. Kuwait Real Estate Co's Book Value per Share for the quarter that ended in Mar. 2024 was KWD0.17. Hence, Kuwait Real Estate Co's PB Ratio of today is 1.28.

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

KUW:KRE' s PB Ratio Range Over the Past 10 Years
Min: 0.3 Med: 0.54 Max: 1.52
Current: 1.28

During the past 13 years, Kuwait Real Estate Co's highest PB Ratio was 1.52. The lowest was 0.30. And the median was 0.54.

KUW:KRE's PB Ratio is ranked worse than
71.37% of 1750 companies
in the Real Estate industry
Industry Median: 0.78 vs KUW:KRE: 1.28

During the past 12 months, Kuwait Real Estate Co's average Book Value Per Share Growth Rate was 22.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 9.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 4.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 2.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Kuwait Real Estate Co was 9.50% per year. The lowest was -11.60% per year. And the median was 2.00% per year.

Back to Basics: PB Ratio

Kuwait Real Estate Co PB Ratio Historical Data

The historical data trend for Kuwait Real Estate 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.

Kuwait Real Estate Co PB Ratio Chart

Kuwait Real Estate Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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0.71

0.81

1.27

0.78

1.29

Kuwait Real Estate Co 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															0.76	0.87	1.11	1.29	1.34

Competitive Comparison of Kuwait Real Estate Co's PB Ratio

For the Real Estate Services subindustry, Kuwait Real Estate 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.

Kuwait Real Estate Co's PB Ratio Distribution in the Real Estate Industry

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

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

Kuwait Real Estate 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.

Kuwait Real Estate Co's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Mar. 2024)
	=	0.22	/	0.172
	=	1.28

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.

Kuwait Real Estate Co (KUW:KRE) 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.

Kuwait Real Estate Co PB Ratio Related Terms

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

Kuwait Real Estate Co (KUW:KRE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Kuwait Real Estate Co (KUW:KRE) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

Darwazat Abdul Razak Street, P.O Box 1257, 8th Floor, Block B, Souk Al Kuwait Building, Safat, Kuwait City, KWT, 13013

Website

https://www.aqarat.com.kw

Kuwait Real Estate Co is a Kuwait-based shareholding company that operates in the real estate sector. It is engaged in dealing with a range of real estate activities, including the sale, purchase, renting out, and leasing of lands and real estate properties, erecting buildings, prepare and implementing studies of private and public real estate projects. It has two operating segments, including real estate and investment. The real estate segment contributes to the majority of the revenue. Its geographical segments are Kuwait; Other Middle Eastern Countries; the United States, Europe, and other countries.