GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Meyar Co (SAU:9565) » Definitions » PB Ratio

Meyar Co (SAU:9565) PB Ratio : 2.54 (As of Apr. 10, 2025)


View and export this data going back to 2023. Start your Free Trial

What is Meyar 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 (2025-04-10), Meyar Co's share price is ﷼65.60. Meyar Co's Book Value per Share for the quarter that ended in Jun. 2024 was ﷼25.80. Hence, Meyar Co's PB Ratio of today is 2.54.

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

SAU:9565' s PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 2.54
Current: 2.54

During the past 2 years, Meyar Co's highest PB Ratio was 2.54. The lowest was 0.00. And the median was 0.00.

SAU:9565's PB Ratio is ranked worse than
78.17% of 394 companies
in the Building Materials industry
Industry Median: 1.115 vs SAU:9565: 2.54

During the past 12 months, Meyar Co's average Book Value Per Share Growth Rate was -1.10% per year.

Back to Basics: PB Ratio


Meyar Co PB Ratio Historical Data

The historical data trend for Meyar 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.

Meyar Co PB Ratio Chart

Meyar Co Annual Data
Trend Dec22 Dec23
PB Ratio
- 2.59

Meyar Co Semi-Annual Data
Jun22 Dec22 Jun23 Dec23 Jun24
PB Ratio - - 3.44 2.59 2.71

Competitive Comparison of Meyar Co's PB Ratio

For the Building Materials subindustry, Meyar 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.


Meyar Co's PB Ratio Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Meyar Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Meyar Co's PB Ratio falls into.


;
;

Meyar 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.

Meyar Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2024)
=65.60/25.799
=2.54

* 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.


Meyar Co  (SAU:9565) 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.


Meyar Co PB Ratio Related Terms

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


Meyar Co Business Description

Traded in Other Exchanges
N/A
Address
Prince Badr Bin Abdul Aziz Street, Majma'a - Al-Basira, Building No. 3467, Harmah, SAU, 15363
Meyar Co engages in the manufacture of hollow cement blocks and bricks, ready-mixed concrete, and precast insulated concrete. It also engages in the general construction of residential buildings, non-residential buildings, such as schools, hospitals, hotels, and government buildings.

Meyar Co Headlines

No Headlines