GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Salhia Real Estate Co KSCP (KUW:SRE) » Definitions » PB Ratio

Salhia Real Estate Co KSCP (KUW:SRE) PB Ratio : 1.45 (As of May. 24, 2024)


View and export this data going back to 1984. Start your Free Trial

What is Salhia Real Estate Co KSCP 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 (2024-05-24), Salhia Real Estate Co KSCP's share price is KWD0.44. Salhia Real Estate Co KSCP's Book Value per Share for the quarter that ended in Mar. 2024 was KWD0.30. Hence, Salhia Real Estate Co KSCP's PB Ratio of today is 1.45.

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

KUW:SRE' s PB Ratio Range Over the Past 10 Years
Min: 1.03   Med: 1.33   Max: 1.88
Current: 1.45

During the past 13 years, Salhia Real Estate Co KSCP's highest PB Ratio was 1.88. The lowest was 1.03. And the median was 1.33.

KUW:SRE's PB Ratio is ranked worse than
73.45% of 1755 companies
in the Real Estate industry
Industry Median: 0.82 vs KUW:SRE: 1.45

During the past 12 months, Salhia Real Estate Co KSCP's average Book Value Per Share Growth Rate was 4.80% 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 2.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 2.70% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Salhia Real Estate Co KSCP was 5.50% per year. The lowest was -58.30% per year. And the median was 1.70% per year.

Back to Basics: PB Ratio


Salhia Real Estate Co KSCP PB Ratio Historical Data

The historical data trend for Salhia Real Estate Co KSCP'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.

Salhia Real Estate Co KSCP PB Ratio Chart

Salhia Real Estate Co KSCP 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 1.26 1.49 1.61 1.58 1.30

Salhia Real Estate Co KSCP 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 1.65 1.65 1.30 1.30 1.44

Competitive Comparison of Salhia Real Estate Co KSCP's PB Ratio

For the Real Estate Services subindustry, Salhia Real Estate Co KSCP'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.


Salhia Real Estate Co KSCP's PB Ratio Distribution in the Real Estate Industry

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

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



Salhia Real Estate Co KSCP 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=0.44/0.304
=1.45

* 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.


Salhia Real Estate Co KSCP  (KUW:SRE) 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.


Salhia Real Estate Co KSCP PB Ratio Related Terms

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


Salhia Real Estate Co KSCP (KUW:SRE) Business Description

Traded in Other Exchanges
N/A
Address
Mohammed Thunayan Al-Ghanim Street, P.O. Box 23413, Salhia Complex, Safat, Kuwait City, KWT, 13095
Salhia Real Estate Co KSC is engaged in real estate leasing and development of commercial properties and hotel operations in Kuwait and the United Kingdom. The company operates its business through three segments: Real Estate Operations, Hotel Operations, and Care Home Operations. Real Estate Operations being the highest revenue generator is engaged in the development and leasing of properties. Hotel Operations consist of the hotel hospitality services provided through JW Marriott Hotel - Kuwait; Courtyard Marriott Hotel-Kuwait; and Arraya Ballroom - Kuwait. Care Home Operations consist of care home activities provided by subsidiary companies. Its primary geographic markets are Kuwait & GCC and Europe.