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Aqar Real Estate Investments CoKC (KUW:AQAR) PB Ratio : 0.47 (As of Apr. 29, 2024)


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What is Aqar Real Estate Investments CoKC 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 (2024-04-29), Aqar Real Estate Investments CoKC's share price is KWD0.0589. Aqar Real Estate Investments CoKC's Book Value per Share for the quarter that ended in Dec. 2023 was KWD0.13. Hence, Aqar Real Estate Investments CoKC's PB Ratio of today is 0.47.

The historical rank and industry rank for Aqar Real Estate Investments CoKC's PB Ratio or its related term are showing as below:

KUW:AQAR' s PB Ratio Range Over the Past 10 Years
Min: 0.35   Med: 0.57   Max: 1.09
Current: 0.47

During the past 13 years, Aqar Real Estate Investments CoKC's highest PB Ratio was 1.09. The lowest was 0.35. And the median was 0.57.

KUW:AQAR's PB Ratio is ranked better than
70.71% of 1755 companies
in the Real Estate industry
Industry Median: 0.8 vs KUW:AQAR: 0.47

During the past 12 months, Aqar Real Estate Investments CoKC's average Book Value Per Share Growth Rate was 4.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 0.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -1.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 0.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Aqar Real Estate Investments CoKC was 8.60% per year. The lowest was -4.30% per year. And the median was 1.20% per year.

Back to Basics: PB Ratio


Aqar Real Estate Investments CoKC PB Ratio Historical Data

The historical data trend for Aqar Real Estate Investments CoKC'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.

Aqar Real Estate Investments CoKC PB Ratio Chart

Aqar Real Estate Investments CoKC 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 0.58 0.48 0.65 0.52 0.46

Aqar Real Estate Investments CoKC 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 0.52 0.48 0.42 0.48 0.46

Competitive Comparison of Aqar Real Estate Investments CoKC's PB Ratio

For the Real Estate Services subindustry, Aqar Real Estate Investments CoKC'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.


Aqar Real Estate Investments CoKC's PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Aqar Real Estate Investments CoKC's PB Ratio distribution charts can be found below:

* The bar in red indicates where Aqar Real Estate Investments CoKC's PB Ratio falls into.



Aqar Real Estate Investments CoKC 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.

Aqar Real Estate Investments CoKC's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=0.0589/0.126
=0.47

* 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.


Aqar Real Estate Investments CoKC  (KUW:AQAR) 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.


Aqar Real Estate Investments CoKC PB Ratio Related Terms

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


Aqar Real Estate Investments CoKC (KUW:AQAR) Business Description

Traded in Other Exchanges
N/A
Address
Al Sharq - Al Shuhada’a Street, P.O. BOX 20017, Al-Eada Al-Kuwaitia Tower - Floor 14, Safat, Kuwait City, KWT, 13061
Aqar Real Estate Investments Co SAKC is a company based in Kuwait. It is engaged in trading, developing land and real estates, establishing, operating, and investing in hotels, motels, tourist resorts in addition to trading in shares and bonds of real estate companies as well as performing real estate consultancy services. The company operates in three segments which include Real estate segment, Investments segment, and Other segments.

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