Al Rajhi REIT Fund (SAU:4340) PB Ratio : 1.03 (As of May. 25, 2024)

View and export this data going back to 2018. Start your Free Trial

What is Al Rajhi REIT Fund 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 (2024-05-25), Al Rajhi REIT Fund's share price is ﷼8.28. Al Rajhi REIT Fund's Book Value per Share for the quarter that ended in Dec. 2023 was ﷼8.03. Hence, Al Rajhi REIT Fund's PB Ratio of today is 1.03.

Good Sign:

Al Rajhi REIT Fund stock PB Ratio (=1.04) is close to 3-year low of 1.03

The historical rank and industry rank for Al Rajhi REIT Fund's PB Ratio or its related term are showing as below:

SAU:4340' s PB Ratio Range Over the Past 10 Years
Min: 0.8 Med: 1.1 Max: 1.53
Current: 1.03

During the past 6 years, Al Rajhi REIT Fund's highest PB Ratio was 1.53. The lowest was 0.80. And the median was 1.10.

SAU:4340's PB Ratio is ranked worse than
71.02% of 849 companies
in the REITs industry
Industry Median: 0.83 vs SAU:4340: 1.03

During the past 12 months, Al Rajhi REIT Fund's average Book Value Per Share Growth Rate was 3.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -4.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -5.80% per year.

During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of Al Rajhi REIT Fund was -4.90% per year. The lowest was -9.00% per year. And the median was -7.20% per year.

Back to Basics: PB Ratio

Al Rajhi REIT Fund PB Ratio Historical Data

The historical data trend for Al Rajhi REIT Fund'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.

Al Rajhi REIT Fund PB Ratio Chart

Al Rajhi REIT Fund Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

Get a 7-Day Free Trial

0.99

0.94

1.42

1.26

1.11

Al Rajhi REIT Fund Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
PB Ratio	Get a 7-Day Free Trial						1.42	1.16	1.26	1.33	1.11

Competitive Comparison of Al Rajhi REIT Fund's PB Ratio

For the REIT - Diversified subindustry, Al Rajhi REIT Fund'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.

Al Rajhi REIT Fund's PB Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Al Rajhi REIT Fund's PB Ratio distribution charts can be found below:

* The bar in red indicates where Al Rajhi REIT Fund's PB Ratio falls into.

Al Rajhi REIT Fund 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.

Al Rajhi REIT Fund's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	8.28	/	8.032
	=	1.03

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.

Al Rajhi REIT Fund (SAU:4340) 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.

Al Rajhi REIT Fund PB Ratio Related Terms

Thank you for viewing the detailed overview of Al Rajhi REIT Fund's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Al Rajhi REIT Fund (SAU:4340) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Al Rajhi REIT Fund (SAU:4340) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

King Fahad Road, Unit No. 1, PO Box 5561, Al Muruj District, Riyadh, SAU, 11432

Website

https://www.alrajhi-capital.com

Al Rajhi REIT Fund is a close-ended real estate investment traded fund. The investment objective of the company is to invest in income-generating real estate assets. It is divided into four divisions namely Brokerage, Asset Management, Investment Banking, and Research. The Brokerage Division offers a comprehensive brokerage and execution service, The Asset management division manages global, regional, and local mutual funds. Investment Banking offers a complete range of strategic financial advisory services, including debt and equity structuring and arranging to assist clients in achieving their business and financial goals The research division focuses on delivering detailed investment analysis of regional and international equity, markets, and economies.

Al Rajhi REIT Fund (SAU:4340) Headlines

No Headlines