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Tamdeen Investment Co (KSCC) (KUW:TAMINV) PB Ratio : 0.58 (As of Jun. 03, 2024)


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What is Tamdeen Investment Co (KSCC) 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 (2024-06-03), Tamdeen Investment Co (KSCC)'s share price is KWD0.59. Tamdeen Investment Co (KSCC)'s Book Value per Share for the quarter that ended in Mar. 2024 was KWD1.02. Hence, Tamdeen Investment Co (KSCC)'s PB Ratio of today is 0.58.

The historical rank and industry rank for Tamdeen Investment Co (KSCC)'s PB Ratio or its related term are showing as below:

KUW:TAMINV' s PB Ratio Range Over the Past 10 Years
Min: 0.32   Med: 0.55   Max: 1.02
Current: 0.58

During the past 13 years, Tamdeen Investment Co (KSCC)'s highest PB Ratio was 1.02. The lowest was 0.32. And the median was 0.55.

KUW:TAMINV's PB Ratio is ranked better than
87.49% of 1679 companies
in the Asset Management industry
Industry Median: 0.94 vs KUW:TAMINV: 0.58

During the past 12 months, Tamdeen Investment Co (KSCC)'s average Book Value Per Share Growth Rate was 7.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 14.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 10.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 10.00% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Tamdeen Investment Co (KSCC) was 20.70% per year. The lowest was -25.90% per year. And the median was 7.90% per year.

Back to Basics: PB Ratio


Tamdeen Investment Co (KSCC) PB Ratio Historical Data

The historical data trend for Tamdeen Investment Co (KSCC)'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.

Tamdeen Investment Co (KSCC) PB Ratio Chart

Tamdeen Investment Co (KSCC) 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 0.43 0.49 0.47 0.64 0.44

Tamdeen Investment Co (KSCC) Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23 Mar24
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 0.64 0.63 0.56 0.44 0.59

Competitive Comparison of Tamdeen Investment Co (KSCC)'s PB Ratio

For the Asset Management subindustry, Tamdeen Investment Co (KSCC)'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.


Tamdeen Investment Co (KSCC)'s PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Tamdeen Investment Co (KSCC)'s PB Ratio distribution charts can be found below:

* The bar in red indicates where Tamdeen Investment Co (KSCC)'s PB Ratio falls into.



Tamdeen Investment Co (KSCC) 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.

Tamdeen Investment Co (KSCC)'s PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=0.59/1.021
=0.58

* 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.


Tamdeen Investment Co (KSCC)  (KUW:TAMINV) 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.


Tamdeen Investment Co (KSCC) PB Ratio Related Terms

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


Tamdeen Investment Co (KSCC) (KUW:TAMINV) 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) (KUW:TAMINV) Headlines

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