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Al-Rajhi Co For Cooperative Insurance (SAU:8230) PB Ratio : 8.36 (As of May. 14, 2024)


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What is Al-Rajhi Co For Cooperative Insurance 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 (2024-05-14), Al-Rajhi Co For Cooperative Insurance's share price is ﷼152.60. Al-Rajhi Co For Cooperative Insurance's Book Value per Share for the quarter that ended in Mar. 2024 was ﷼18.26. Hence, Al-Rajhi Co For Cooperative Insurance's PB Ratio of today is 8.36.

The historical rank and industry rank for Al-Rajhi Co For Cooperative Insurance's PB Ratio or its related term are showing as below:

SAU:8230' s PB Ratio Range Over the Past 10 Years
Min: 1.93   Med: 3.25   Max: 10.2
Current: 8.9

During the past 12 years, Al-Rajhi Co For Cooperative Insurance's highest PB Ratio was 10.20. The lowest was 1.93. And the median was 3.25.

SAU:8230's PB Ratio is ranked worse than
96.09% of 486 companies
in the Insurance industry
Industry Median: 1.22 vs SAU:8230: 8.90

During the past 12 months, Al-Rajhi Co For Cooperative Insurance's average Book Value Per Share Growth Rate was 29.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 15.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 16.90% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 29.10% per year.

During the past 12 years, the highest 3-Year average Book Value Per Share Growth Rate of Al-Rajhi Co For Cooperative Insurance was 64.90% per year. The lowest was 14.90% per year. And the median was 26.80% per year.

Back to Basics: PB Ratio


Al-Rajhi Co For Cooperative Insurance PB Ratio Historical Data

The historical data trend for Al-Rajhi Co For Cooperative Insurance'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.

Al-Rajhi Co For Cooperative Insurance PB Ratio Chart

Al-Rajhi Co For Cooperative Insurance Annual Data
Trend Dec12 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.90 2.91 2.34 2.70 4.12

Al-Rajhi Co For Cooperative Insurance Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 2.84 3.54 3.80 4.12 -

Competitive Comparison of Al-Rajhi Co For Cooperative Insurance's PB Ratio

For the Insurance - Property & Casualty subindustry, Al-Rajhi Co For Cooperative Insurance'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.


Al-Rajhi Co For Cooperative Insurance's PB Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Al-Rajhi Co For Cooperative Insurance's PB Ratio distribution charts can be found below:

* The bar in red indicates where Al-Rajhi Co For Cooperative Insurance's PB Ratio falls into.



Al-Rajhi Co For Cooperative Insurance 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.

Al-Rajhi Co For Cooperative Insurance's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=152.60/18.259
=8.36

* 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.


Al-Rajhi Co For Cooperative Insurance  (SAU:8230) 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.


Al-Rajhi Co For Cooperative Insurance PB Ratio Related Terms

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Al-Rajhi Co For Cooperative Insurance (SAU:8230) Business Description

Traded in Other Exchanges
N/A
Address
3485-Ath Thummamah road, P.O.Box 67791, Al Rabie District, Riyadh, SAU, 11517
Al-Rajhi Co For Cooperative Insurance is engaged in the provision of cooperative insurance and reinsurance services. The purpose of the company is to conduct cooperative insurance operations and all related activities including re-takaful and agency activities. Its operating segments include Medical; Motor; Property and Casualty; and Protection and Savings.

Al-Rajhi Co For Cooperative Insurance (SAU:8230) Headlines

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