Arzan Financial Group for Financing and Investment
ARZAN.KW
$618.89
Share price
0.53%
Change (1 day)
86.06%
Change (1 year)
Categories
Arzan Financial Group for Financing and Investment (ARZAN.KW) - P/B ratio
P/B ratio as of May 2024 : 0.8988
According to Arzan Financial Group for Financing and Investment's latest financial reports the company has a price-to-book ratio of 0.8988.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.
Arzan Financial Group for Financing and Investment - P/B ratio (from 2012 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 0.9954 | 68.94% |
| 2022-12-31 | 0.5892 | -22.83% |
| 2021-12-31 | 0.7635 | 110.57% |
| 2020-12-31 | 0.3626 | 108.29% |
| 2019-12-31 | 0.1741 | -17.78% |
| 2018-12-31 | 0.2117 | 5.48% |
| 2017-12-31 | 0.2007 | 18.58% |
| 2016-12-31 | 0.1693 | -12.97% |
| 2015-12-31 | 0.1945 | -20.73% |
| 2014-12-31 | 0.2453 | -46.89% |
| 2013-12-31 | 0.4619 | -3.83% |
| 2012-12-31 | 0.4803 |