Commercial Bank Of Kuwait (KUW:CBK) PB Ratio : 1.30 (As of May. 27, 2024)

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What is Commercial Bank Of Kuwait 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 (2024-05-27), Commercial Bank Of Kuwait's share price is KWD0.499. Commercial Bank Of Kuwait's Book Value per Share for the quarter that ended in Mar. 2024 was KWD0.38. Hence, Commercial Bank Of Kuwait's PB Ratio of today is 1.30.

The historical rank and industry rank for Commercial Bank Of Kuwait's PB Ratio or its related term are showing as below:

KUW:CBK' s PB Ratio Range Over the Past 10 Years
Min: 0.82 Med: 1.37 Max: 2.09
Current: 1.3

During the past 13 years, Commercial Bank Of Kuwait's highest PB Ratio was 2.09. The lowest was 0.82. And the median was 1.37.

KUW:CBK's PB Ratio is ranked worse than
78.71% of 1461 companies
in the Banks industry
Industry Median: 0.86 vs KUW:CBK: 1.30

During the past 12 months, Commercial Bank Of Kuwait's average Book Value Per Share Growth Rate was 5.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 1.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 0.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 3.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Commercial Bank Of Kuwait was 8.30% per year. The lowest was -56.30% per year. And the median was 2.50% per year.

Back to Basics: PB Ratio

Commercial Bank Of Kuwait PB Ratio Historical Data

The historical data trend for Commercial Bank Of Kuwait'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.

Commercial Bank Of Kuwait PB Ratio Chart

Commercial Bank Of Kuwait Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

Get a 7-Day Free Trial

1.41

1.39

1.21

1.43

1.41

Commercial Bank Of Kuwait 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															1.47	1.44	1.84	1.41	1.33

Competitive Comparison of Commercial Bank Of Kuwait's PB Ratio

For the Banks - Regional subindustry, Commercial Bank Of Kuwait'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.

Commercial Bank Of Kuwait's PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Commercial Bank Of Kuwait's PB Ratio distribution charts can be found below:

* The bar in red indicates where Commercial Bank Of Kuwait's PB Ratio falls into.

Commercial Bank Of Kuwait 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.

Commercial Bank Of Kuwait's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Mar. 2024)
	=	0.499	/	0.383
	=	1.30

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

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.

Commercial Bank Of Kuwait (KUW:CBK) 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.

Commercial Bank Of Kuwait PB Ratio Related Terms

Thank you for viewing the detailed overview of Commercial Bank Of Kuwait's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Commercial Bank Of Kuwait (KUW:CBK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Commercial Bank Of Kuwait (KUW:CBK) » Definitions » PB Ratio

Traded in Other Exchanges

N/A

Address

Mubarak Al Kabeer Street, P.O. Box 2861, Safat, Kuwait, KWT, 13029

Website

https://www.cbk.com

Commercial Bank Of Kuwait is the financial institution in Kuwait. It operates corporate and retail banking franchise that provides innovative financial and investment solutions to its growing customer base. The company operates in two segments: Corporate and Retail banking, which provides a full range of lending, deposit, and related banking services to domestic and international corporate and individual customers; and Treasury and Investment banking segment comprises of money market, foreign exchange, treasury bonds, and brokerage services. Most of the bank's revenue is derived from traditional banking net interest income, with the remainder coming from fees and commissions.

Commercial Bank Of Kuwait (KUW:CBK) Headlines

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