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Kuwait Insurance Co (KUW:KINS) Book Value per Share : KWD0.85 (As of Mar. 2024)


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What is Kuwait Insurance Co Book Value per Share?

Kuwait Insurance Co's book value per share for the quarter that ended in Mar. 2024 was KWD0.85.

During the past 12 months, Kuwait Insurance Co's average Book Value Per Share Growth Rate was 23.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 12.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 10.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 11.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Kuwait Insurance Co was 24.10% per year. The lowest was -15.40% per year. And the median was 7.55% per year.

Kuwait Insurance Co's current price is KWD0.502. Its book value per share for the quarter that ended in Mar. 2024 was KWD0.85. Hence, today's PB Ratio of Kuwait Insurance Co is 0.59.

During the past 13 years, the highest P/B Ratio of Kuwait Insurance Co was 1.43. The lowest was 0.52. And the median was 0.75.


Kuwait Insurance Co Book Value per Share Historical Data

The historical data trend for Kuwait Insurance Co's Book Value per Share 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.

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Kuwait Insurance Co Book Value per Share Chart

Kuwait Insurance Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.61 0.53 0.64 0.70 0.77

Kuwait Insurance Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Book Value per Share 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 0.69 0.73 0.75 0.77 0.85

Competitive Comparison of Kuwait Insurance Co's Book Value per Share

For the Insurance - Diversified subindustry, Kuwait Insurance Co'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.


Kuwait Insurance Co's PB Ratio Distribution in the Insurance Industry

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

* The bar in red indicates where Kuwait Insurance Co's PB Ratio falls into.



Kuwait Insurance Co Book Value per Share Calculation

Kuwait Insurance Co's Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(141.82-0.00)/184.80
=0.77

Kuwait Insurance Co's Book Value Per Share for the quarter that ended in Mar. 2024 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(157.34-0.00)/184.80
=0.85

* 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.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.


Kuwait Insurance Co  (KUW:KINS) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Kuwait Insurance Co Book Value per Share Related Terms

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Kuwait Insurance Co (KUW:KINS) Business Description

Traded in Other Exchanges
N/A
Address
Abdullah Al Salem Street, P.O. Box 769, Kuwait Insurance House, Safat, Kuwait City, KWT, 13008
Kuwait Insurance Co underwrites life and non-life insurance risks such as fire, general accidents, marine and aviation and others, lends funds against life insurance policies and invests in permitted securities and real estate properties. It provides many Marine Insurance Services required for individuals and groups, to compensate for loss of and/or damage to the insured goods during transportation from one place to another.