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Atlas Elevators General Trading and Contracting Co (SAU:9578) PB Ratio : 1.27 (As of Jun. 24, 2024)


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What is Atlas Elevators General Trading and Contracting 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 (2024-06-24), Atlas Elevators General Trading and Contracting Co's share price is ﷼19.50. Atlas Elevators General Trading and Contracting Co's Book Value per Share for the quarter that ended in Dec. 2022 was ﷼15.40. Hence, Atlas Elevators General Trading and Contracting Co's PB Ratio of today is 1.27.

The historical rank and industry rank for Atlas Elevators General Trading and Contracting Co's PB Ratio or its related term are showing as below:

SAU:9578' s PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 1.36
Current: 1.27

During the past 2 years, Atlas Elevators General Trading and Contracting Co's highest PB Ratio was 1.36. The lowest was 0.00. And the median was 0.00.

SAU:9578's PB Ratio is ranked worse than
55.56% of 144 companies
in the Industrial Distribution industry
Industry Median: 1.145 vs SAU:9578: 1.27

During the past 12 months, Atlas Elevators General Trading and Contracting Co's average Book Value Per Share Growth Rate was 46.70% per year.

Back to Basics: PB Ratio


Atlas Elevators General Trading and Contracting Co PB Ratio Historical Data

The historical data trend for Atlas Elevators General Trading and Contracting 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.

Atlas Elevators General Trading and Contracting Co PB Ratio Chart

Atlas Elevators General Trading and Contracting Co Annual Data
Trend Dec22 Dec23
PB Ratio
- 1.30

Atlas Elevators General Trading and Contracting Co Quarterly Data
Dec22 Dec23
PB Ratio - 1.30

Competitive Comparison of Atlas Elevators General Trading and Contracting Co's PB Ratio

For the Industrial Distribution subindustry, Atlas Elevators General Trading and Contracting 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.


Atlas Elevators General Trading and Contracting Co's PB Ratio Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Atlas Elevators General Trading and Contracting Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Atlas Elevators General Trading and Contracting Co's PB Ratio falls into.



Atlas Elevators General Trading and Contracting 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.

Atlas Elevators General Trading and Contracting Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2022)
=19.50/15.402
=1.27

* 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.


Atlas Elevators General Trading and Contracting Co  (SAU:9578) 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.


Atlas Elevators General Trading and Contracting Co PB Ratio Related Terms

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Atlas Elevators General Trading and Contracting Co (SAU:9578) Business Description

Traded in Other Exchanges
N/A
Address
Area 223 Block1, Building 96, Beside fire station, Kuwait, SAU
Atlas Elevators General Trading and Contracting Co Formerly Atlas Elevators Co is a company specializing in the supply, sale, installation and maintenance of the highest-quality elevators, hydraulic lifts and escalators, all conforming to European standards. It has has four Kuwaiti branches in Hawalli, Ardiya, Al Rai and Al Jahra also operate's in Saudi Arabia, Qatar, Bahrain and Oman.

Atlas Elevators General Trading and Contracting Co (SAU:9578) Headlines

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