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First Investment Company (K.S.C.C.) (KUW:ALOLA) PB Ratio : 0.71 (As of May. 16, 2024)


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What is First Investment Company (K.S.C.C.) 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 (2024-05-16), First Investment Company (K.S.C.C.)'s share price is KWD0.0339. First Investment Company (K.S.C.C.)'s Book Value per Share for the quarter that ended in Dec. 2023 was KWD0.05. Hence, First Investment Company (K.S.C.C.)'s PB Ratio of today is 0.71.

The historical rank and industry rank for First Investment Company (K.S.C.C.)'s PB Ratio or its related term are showing as below:

KUW:ALOLA' s PB Ratio Range Over the Past 10 Years
Min: 0.17   Med: 0.36   Max: 1.15
Current: 0.72

During the past 13 years, First Investment Company (K.S.C.C.)'s highest PB Ratio was 1.15. The lowest was 0.17. And the median was 0.36.

KUW:ALOLA's PB Ratio is ranked better than
79.92% of 1688 companies
in the Asset Management industry
Industry Median: 0.95 vs KUW:ALOLA: 0.72

During the past 12 months, First Investment Company (K.S.C.C.)'s average Book Value Per Share Growth Rate was -14.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -22.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -22.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -14.20% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of First Investment Company (K.S.C.C.) was 5.40% per year. The lowest was -24.20% per year. And the median was -5.00% per year.

Back to Basics: PB Ratio


First Investment Company (K.S.C.C.) PB Ratio Historical Data

The historical data trend for First Investment Company (K.S.C.C.)'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.

First Investment Company (K.S.C.C.) PB Ratio Chart

First Investment Company (K.S.C.C.) 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 0.53 0.62 0.78 1.12 0.76

First Investment Company (K.S.C.C.) Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.12 0.60 0.93 0.84 0.76

Competitive Comparison of First Investment Company (K.S.C.C.)'s PB Ratio

For the Asset Management subindustry, First Investment Company (K.S.C.C.)'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.


First Investment Company (K.S.C.C.)'s PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, First Investment Company (K.S.C.C.)'s PB Ratio distribution charts can be found below:

* The bar in red indicates where First Investment Company (K.S.C.C.)'s PB Ratio falls into.



First Investment Company (K.S.C.C.) 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.

First Investment Company (K.S.C.C.)'s PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=0.0339/0.048
=0.71

* 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.


First Investment Company (K.S.C.C.)  (KUW:ALOLA) 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.


First Investment Company (K.S.C.C.) PB Ratio Related Terms

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First Investment Company (K.S.C.C.) (KUW:ALOLA) Business Description

Traded in Other Exchanges
N/A
Address
Al Hamra Tower, AI Shahada Street, Floor 68, Sharq Area, Kuwait City, KWT, 13063
First Investment Company (K.S.C.C.) is a provider of investment and financial services in Kuwait. The company's activities include financial brokerage activities, securities trading transitions including buying and selling stocks and bonds of governmental and non-governmental agencies and companies. It invests in Agriculture, Oil & Oil Products, Manufacturing, Utilities, Construction, Services Sectors, Trade, Hotels, Transport, Finance, Real Estate, and Social and Personal services sector. The company operates in Kuwait, Kingdom of Saudi Arabia, and Others geographical areas with the majority of the revenue deriving from Kuwait.

First Investment Company (K.S.C.C.) (KUW:ALOLA) Headlines

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