Dar AL Thuraya Real Estate Co KSCC (KUW:THURAYA) Price-to-Tangible-Book : 1.01 (As of Jun. 21, 2024)

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What is Dar AL Thuraya Real Estate Co KSCC Price-to-Tangible-Book?

As of today (2024-06-21), Dar AL Thuraya Real Estate Co KSCC's share price is KWD0.122. Dar AL Thuraya Real Estate Co KSCC's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was KWD0.12. Hence, Dar AL Thuraya Real Estate Co KSCC's Price to Tangible Book Ratio of today is 1.01.

The historical rank and industry rank for Dar AL Thuraya Real Estate Co KSCC's Price-to-Tangible-Book or its related term are showing as below:

KUW:THURAYA' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.47 Med: 1.24 Max: 2.24
Current: 1.02

During the past 13 years, Dar AL Thuraya Real Estate Co KSCC's highest Price to Tangible Book Ratio was 2.24. The lowest was 0.47. And the median was 1.24.

KUW:THURAYA's Price-to-Tangible-Book is ranked worse than
61.48% of 1716 companies
in the Real Estate industry
Industry Median: 0.79 vs KUW:THURAYA: 1.02

A closely related ratio is called PB Ratio. As of today, Dar AL Thuraya Real Estate Co KSCC's share price is KWD0.122. Dar AL Thuraya Real Estate Co KSCC's Book Value per Sharefor the quarter that ended in Mar. 2024 was KWD0.12. Hence, Dar AL Thuraya Real Estate Co KSCC's P/B Ratio of today is 1.01.

Dar AL Thuraya Real Estate Co KSCC Price-to-Tangible-Book Historical Data

The historical data trend for Dar AL Thuraya Real Estate 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.

Dar AL Thuraya Real Estate Co KSCC Price-to-Tangible-Book Chart

Dar AL Thuraya Real Estate Co KSCC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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0.67

0.58

0.91

1.81

1.08

Dar AL Thuraya Real Estate Co KSCC Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Price-to-Tangible-Book	Get a 7-Day Free Trial															1.24	1.08	1.45	1.08	1.07

Competitive Comparison of Dar AL Thuraya Real Estate Co KSCC's Price-to-Tangible-Book

For the Real Estate Services subindustry, Dar AL Thuraya Real Estate 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.

Dar AL Thuraya Real Estate Co KSCC's Price-to-Tangible-Book Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Dar AL Thuraya Real Estate Co KSCC's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Dar AL Thuraya Real Estate Co KSCC's Price-to-Tangible-Book falls into.

Dar AL Thuraya Real Estate Co KSCC Price-to-Tangible-Book Calculation

Dar AL Thuraya Real Estate Co KSCC's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	0.122	/	0.121
	=	1.01

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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.

Dar AL Thuraya Real Estate Co KSCC Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Dar AL Thuraya Real Estate Co KSCC's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

Dar AL Thuraya Real Estate Co KSCC (KUW:THURAYA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Dar AL Thuraya Real Estate Co KSCC (KUW:THURAYA) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

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Address

Fahad Al Salem Street, Al Salam Tower,, Al Salhia, Kuwait, KWT

Website

https://www.daralthuraya.com

Dar AL Thuraya Real Estate Co KSCC operates in the real estate market. It provides real estate management and marketing services; property, project, and construction management services; and real estate consultancy services. The company has three business segments. The Real estate segment engages in buying, selling, capital appreciation, and investing in real estate. The investment segment comprises investments in subsidiaries, associates, and equity securities. Other segments include revenues and expenses that are not included in the above sectors. It generates maximum revenue from the real estate segment and geographically from Kuwait.

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