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Warba Insurance and Reinsurance Co KSCP (KUW:WINSRE) PB Ratio : 0.84 (As of Apr. 28, 2024)


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What is Warba Insurance and Reinsurance Co KSCP 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 (2024-04-28), Warba Insurance and Reinsurance Co KSCP's share price is KWD0.128. Warba Insurance and Reinsurance Co KSCP's Book Value per Share for the quarter that ended in Dec. 2023 was KWD0.15. Hence, Warba Insurance and Reinsurance Co KSCP's PB Ratio of today is 0.84.

Warning Sign:

Warba Insurance and Reinsurance Co KSCP stock PB Ratio (=0.84) is close to 10-year high of 0.85

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

KUW:WINSRE' s PB Ratio Range Over the Past 10 Years
Min: 0.22   Med: 0.43   Max: 0.85
Current: 0.84

During the past 13 years, Warba Insurance and Reinsurance Co KSCP's highest PB Ratio was 0.85. The lowest was 0.22. And the median was 0.43.

KUW:WINSRE's PB Ratio is ranked better than
70.87% of 484 companies
in the Insurance industry
Industry Median: 1.22 vs KUW:WINSRE: 0.84

During the past 12 months, Warba Insurance and Reinsurance Co KSCP's average Book Value Per Share Growth Rate was -1.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 0.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -1.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Warba Insurance and Reinsurance Co KSCP was 5.80% per year. The lowest was -18.40% per year. And the median was 0.20% per year.

Back to Basics: PB Ratio


Warba Insurance and Reinsurance Co KSCP PB Ratio Historical Data

The historical data trend for Warba Insurance and Reinsurance Co KSCP'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.

Warba Insurance and Reinsurance Co KSCP PB Ratio Chart

Warba Insurance and Reinsurance Co KSCP 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 0.26 0.38 0.73 0.56 0.66

Warba Insurance and Reinsurance Co KSCP 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 0.56 0.67 0.76 0.75 0.66

Competitive Comparison of Warba Insurance and Reinsurance Co KSCP's PB Ratio

For the Insurance - Diversified subindustry, Warba Insurance and Reinsurance Co KSCP'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.


Warba Insurance and Reinsurance Co KSCP's PB Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Warba Insurance and Reinsurance Co KSCP's PB Ratio distribution charts can be found below:

* The bar in red indicates where Warba Insurance and Reinsurance Co KSCP's PB Ratio falls into.



Warba Insurance and Reinsurance Co KSCP 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.

Warba Insurance and Reinsurance Co KSCP's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=0.128/0.153
=0.84

* 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.


Warba Insurance and Reinsurance Co KSCP  (KUW:WINSRE) 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.


Warba Insurance and Reinsurance Co KSCP PB Ratio Related Terms

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


Warba Insurance and Reinsurance Co KSCP (KUW:WINSRE) Business Description

Traded in Other Exchanges
N/A
Address
Sharq, Ahmad Al Jaber Street, Derwazat Abdul Razak, P.O. Box 24282, Safat, Opposite to the Banking Complex, Warba Tower, Kuwait, KWT, 13103
Warba Insurance and Reinsurance Co KSCP is involved in the provision of life and non-life insurance products and services. The company reports three business segments: General risk insurance, Life and Medical insurance and Investment. Within General risk insurance are Marine and Aviation, Fire and general accidents and Motor. The company's offerings include Individual Life Insurance, Medical Insurance individual, Medical Insurance Corporate and FGA Insurance Policies among others. Geographically it operates through Kuwait.

Warba Insurance and Reinsurance Co KSCP (KUW:WINSRE) Headlines

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