GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Tamdeen Real Estate Co KSCC (KUW:TAM) » Definitions » PB Ratio

Tamdeen Real Estate Co KSCC (KUW:TAM) PB Ratio : 0.72 (As of May. 20, 2024)


View and export this data going back to 1995. Start your Free Trial

What is Tamdeen Real Estate Co KSCC 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 (2024-05-20), Tamdeen Real Estate Co KSCC's share price is KWD0.384. Tamdeen Real Estate Co KSCC's Book Value per Share for the quarter that ended in Mar. 2024 was KWD0.53. Hence, Tamdeen Real Estate Co KSCC's PB Ratio of today is 0.72.

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

KUW:TAM' s PB Ratio Range Over the Past 10 Years
Min: 0.55   Med: 0.77   Max: 2.79
Current: 0.72

During the past 13 years, Tamdeen Real Estate Co KSCC's highest PB Ratio was 2.79. The lowest was 0.55. And the median was 0.77.

KUW:TAM's PB Ratio is ranked better than
55.86% of 1758 companies
in the Real Estate industry
Industry Median: 0.83 vs KUW:TAM: 0.72

During the past 12 months, Tamdeen Real Estate Co KSCC's average Book Value Per Share Growth Rate was -1.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 14.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 8.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 7.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Tamdeen Real Estate Co KSCC was 15.10% per year. The lowest was -23.80% per year. And the median was 4.75% per year.

Back to Basics: PB Ratio


Tamdeen Real Estate Co KSCC PB Ratio Historical Data

The historical data trend for Tamdeen Real Estate Co KSCC'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.

Tamdeen Real Estate Co KSCC PB Ratio Chart

Tamdeen Real Estate Co KSCC 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 0.66 0.70 0.70 0.66 0.63

Tamdeen Real Estate Co KSCC 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 0.65 0.71 0.66 0.63 0.75

Competitive Comparison of Tamdeen Real Estate Co KSCC's PB Ratio

For the Real Estate - Diversified subindustry, Tamdeen Real Estate Co KSCC'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.


Tamdeen Real Estate Co KSCC's PB Ratio Distribution in the Real Estate Industry

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

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



Tamdeen Real Estate Co KSCC 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=0.384/0.534
=0.72

* 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.


Tamdeen Real Estate Co KSCC  (KUW:TAM) 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.


Tamdeen Real Estate Co KSCC PB Ratio Related Terms

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


Tamdeen Real Estate Co KSCC (KUW:TAM) Business Description

Traded in Other Exchanges
N/A
Address
Mall - Sixth Ring Road, South Surra, 360 Complex, P.O. Box 21816, 4th Floor, Block 7, Al-Zahraa District, Safat, Kuwait, KWT, 13079
Tamdeen Real Estate Co KSCC operates as a real estate investment and development company. The business activity of the company includes the development of real estate projects and construction contracts of buildings, managing the properties of others. In addition, the group is also involved in providing consultation services on asset utilization for individual clients, as well as consultation and advisory services on merger and acquisition, and business succession for corporate clients; investment and portfolio management services; and research and analysis services. The company operates in two reportable segments that are the real estate and investment. It generates maximum revenue from Investment segment.

Tamdeen Real Estate Co KSCC (KUW:TAM) Headlines

No Headlines