Aqar Real Estate Investments CoKC (KUW:AQAR) Price-to-Tangible-Book : 0.48 (As of Jun. 08, 2024)

View and export this data going back to 2005. Start your Free Trial

What is Aqar Real Estate Investments CoKC Price-to-Tangible-Book?

As of today (2024-06-08), Aqar Real Estate Investments CoKC's share price is KWD0.062. Aqar Real Estate Investments CoKC's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was KWD0.13. Hence, Aqar Real Estate Investments CoKC's Price to Tangible Book Ratio of today is 0.48.

The historical rank and industry rank for Aqar Real Estate Investments CoKC's Price-to-Tangible-Book or its related term are showing as below:

KUW:AQAR' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.42 Med: 0.53 Max: 0.84
Current: 0.48

During the past 13 years, Aqar Real Estate Investments CoKC's highest Price to Tangible Book Ratio was 0.84. The lowest was 0.42. And the median was 0.53.

KUW:AQAR's Price-to-Tangible-Book is ranked better than
72.21% of 1709 companies
in the Real Estate industry
Industry Median: 0.81 vs KUW:AQAR: 0.48

A closely related ratio is called PB Ratio. As of today, Aqar Real Estate Investments CoKC's share price is KWD0.062. Aqar Real Estate Investments CoKC's Book Value per Sharefor the quarter that ended in Mar. 2024 was KWD0.13. Hence, Aqar Real Estate Investments CoKC's P/B Ratio of today is 0.48.

Aqar Real Estate Investments CoKC Price-to-Tangible-Book Historical Data

The historical data trend for Aqar Real Estate Investments CoKC'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.

Aqar Real Estate Investments CoKC Price-to-Tangible-Book Chart

Aqar Real Estate Investments CoKC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.58

0.48

0.65

0.52

0.46

Aqar Real Estate Investments CoKC Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Price-to-Tangible-Book	Get a 7-Day Free Trial															0.48	0.42	0.48	0.46	0.50

Competitive Comparison of Aqar Real Estate Investments CoKC's Price-to-Tangible-Book

For the Real Estate Services subindustry, Aqar Real Estate Investments CoKC'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.

Aqar Real Estate Investments CoKC's Price-to-Tangible-Book Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Aqar Real Estate Investments CoKC's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Aqar Real Estate Investments CoKC's Price-to-Tangible-Book falls into.

Aqar Real Estate Investments CoKC Price-to-Tangible-Book Calculation

Aqar Real Estate Investments CoKC's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	0.062	/	0.13
	=	0.48

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.

Aqar Real Estate Investments CoKC Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Aqar Real Estate Investments CoKC's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

Aqar Real Estate Investments CoKC (KUW:AQAR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Aqar Real Estate Investments Co SAKC (KUW:AQAR) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Al Sharq - Al Shuhada’a Street, P.O. BOX 20017, Al-Eada Al-Kuwaitia Tower - Floor 14, Safat, Kuwait City, KWT, 13061

Website

http://www.aqar.com.kw

Aqar Real Estate Investments Co SAKC is a company based in Kuwait. It is engaged in trading, developing land and real estates, establishing, operating, and investing in hotels, motels, tourist resorts in addition to trading in shares and bonds of real estate companies as well as performing real estate consultancy services. The company operates in three segments which include Real estate segment, Investments segment, and Other segments.

Aqar Real Estate Investments CoKC (KUW:AQAR) Headlines

No Headlines