Ali Alghanim Sons Automotive Co KSC (KUW:ALG) Price-to-Tangible-Book : 3.76 (As of May. 27, 2024)

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What is Ali Alghanim Sons Automotive Co KSC Price-to-Tangible-Book?

As of today (2024-05-27), Ali Alghanim Sons Automotive Co KSC's share price is KWD1.046. Ali Alghanim Sons Automotive Co KSC's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was KWD0.28. Hence, Ali Alghanim Sons Automotive Co KSC's Price to Tangible Book Ratio of today is 3.76.

The historical rank and industry rank for Ali Alghanim Sons Automotive Co KSC's Price-to-Tangible-Book or its related term are showing as below:

KUW:ALG' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 3.04 Med: 3.58 Max: 4.22
Current: 3.74

During the past 3 years, Ali Alghanim Sons Automotive Co KSC's highest Price to Tangible Book Ratio was 4.22. The lowest was 3.04. And the median was 3.58.

KUW:ALG's Price-to-Tangible-Book is ranked worse than
79.15% of 1199 companies
in the Vehicles & Parts industry
Industry Median: 1.65 vs KUW:ALG: 3.74

A closely related ratio is called PB Ratio. As of today, Ali Alghanim Sons Automotive Co KSC's share price is KWD1.046. Ali Alghanim Sons Automotive Co KSC's Book Value per Sharefor the quarter that ended in Mar. 2024 was KWD0.28. Hence, Ali Alghanim Sons Automotive Co KSC's P/B Ratio of today is 3.76.

Ali Alghanim Sons Automotive Co KSC Price-to-Tangible-Book Historical Data

The historical data trend for Ali Alghanim Sons Automotive Co KSC'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.

Ali Alghanim Sons Automotive Co KSC Price-to-Tangible-Book Chart

Ali Alghanim Sons Automotive Co KSC Annual Data

Trend

Dec21

Dec22

Dec23

Price-to-Tangible-Book

3.04

3.51

Ali Alghanim Sons Automotive Co KSC Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Price-to-Tangible-Book	Get a 7-Day Free Trial							3.58	3.52	4.22	3.51	4.20

Competitive Comparison of Ali Alghanim Sons Automotive Co KSC's Price-to-Tangible-Book

For the Auto & Truck Dealerships subindustry, Ali Alghanim Sons Automotive Co KSC'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.

Ali Alghanim Sons Automotive Co KSC's Price-to-Tangible-Book Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Ali Alghanim Sons Automotive Co KSC's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Ali Alghanim Sons Automotive Co KSC's Price-to-Tangible-Book falls into.

Ali Alghanim Sons Automotive Co KSC Price-to-Tangible-Book Calculation

Ali Alghanim Sons Automotive Co KSC's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	1.046	/	0.278
	=	3.76

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.

Ali Alghanim Sons Automotive Co KSC Price-to-Tangible-Book Related Terms

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Ali Alghanim Sons Automotive Co KSC (KUW:ALG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Ali Alghanim Sons Automotive Co KSC (KUW:ALG) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Airport Road 55, P.O. Box 21540, Safat, Opposite Kaifan Telecommunication, Shuwaikh, KWT, 13076

Website

https://alg.com.kw

Ali Alghanim Sons Automotive Co KSC is engaged in the automotive business. The Primary Activities of the Company are selling and purchasing cars and spare parts, importing and exporting light and heavy vehicles and cars, renting cars, maintaining light & heavy vehicles and cars, trading auto spare parts, and renting equipment and their maintenance. The Group is divided into four main geographical segments which are the State of Kuwait, Iraq, Egypt and the United Arab Emirates. The majority is derived from Kuwait.