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Tamdeen Investment Co (KSCC) (KUW:TAMINV) Price-to-Tangible-Book : 0.62 (As of Sep. 22, 2024)


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What is Tamdeen Investment Co (KSCC) Price-to-Tangible-Book?

As of today (2024-09-22), Tamdeen Investment Co (KSCC)'s share price is KWD1.04. Tamdeen Investment Co (KSCC)'s Tangible Book per Share of Jun. 2024 for the quarter that ended in Jun. 2024 was KWD1.69. Hence, Tamdeen Investment Co (KSCC)'s Price to Tangible Book Ratio of today is 0.62.

The historical rank and industry rank for Tamdeen Investment Co (KSCC)'s Price-to-Tangible-Book or its related term are showing as below:

KUW:TAMINV' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.34   Med: 0.55   Max: 0.87
Current: 0.62

During the past 13 years, Tamdeen Investment Co (KSCC)'s highest Price to Tangible Book Ratio was 0.87. The lowest was 0.34. And the median was 0.55.

KUW:TAMINV's Price-to-Tangible-Book is ranked better than
85.45% of 1622 companies
in the Asset Management industry
Industry Median: 0.95 vs KUW:TAMINV: 0.62

A closely related ratio is called PB Ratio. As of today, Tamdeen Investment Co (KSCC)'s share price is KWD1.04. Tamdeen Investment Co (KSCC)'s Book Value per Sharefor the quarter that ended in Jun. 2024 was KWD1.70. Hence, Tamdeen Investment Co (KSCC)'s P/B Ratio of today is 0.61.


Tamdeen Investment Co (KSCC) Price-to-Tangible-Book Historical Data

The historical data trend for Tamdeen Investment Co (KSCC)'s Price-to-Tangible-Book 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.

Tamdeen Investment Co (KSCC) Price-to-Tangible-Book Chart

Tamdeen Investment Co (KSCC) Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.43 0.49 0.47 0.65 0.45

Tamdeen Investment Co (KSCC) Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23 Mar24 Jun24
Price-to-Tangible-Book 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 0.64 0.57 0.45 0.59 0.56

Competitive Comparison of Tamdeen Investment Co (KSCC)'s Price-to-Tangible-Book

For the Asset Management subindustry, Tamdeen Investment Co (KSCC)'s Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.


Tamdeen Investment Co (KSCC)'s Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Tamdeen Investment Co (KSCC)'s Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Tamdeen Investment Co (KSCC)'s Price-to-Tangible-Book falls into.



Tamdeen Investment Co (KSCC) Price-to-Tangible-Book Calculation

Tamdeen Investment Co (KSCC)'s price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jun. 2024 )
=1.04/1.685
=0.62

* 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 PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.


Tamdeen Investment Co (KSCC) Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Tamdeen Investment Co (KSCC)'s Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Tamdeen Investment Co (KSCC) Business Description

Traded in Other Exchanges
N/A
Address
South Al Sura - Al Zahra’a Area, 360 Mall- 6th Ring Road, 4th Floor, Box No. 22509, Safat, Kuwait, KWT, 13066
Tamdeen Investment Co (KSCC) conducts financial investment transactions in all economic sectors inside and outside Kuwait, performing transactions related to dealing in securities such as the purchase and sale of shares and bonds of both companies and government authorities, carrying out investment and portfolio management activities. Geographically, it derives a majority of its revenue from Kuwait.

Tamdeen Investment Co (KSCC) Headlines

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