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Arkan Al-Kuwait Real Estate Co KSCC (KUW:ARKAN) Price-to-Tangible-Book : 0.61 (As of May. 27, 2024)


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What is Arkan Al-Kuwait Real Estate Co KSCC Price-to-Tangible-Book?

As of today (2024-05-27), Arkan Al-Kuwait Real Estate Co KSCC's share price is KWD0.083. Arkan Al-Kuwait Real Estate Co KSCC's Tangible Book per Share of Jan. 2024 for the quarter that ended in Jan. 2024 was KWD0.14. Hence, Arkan Al-Kuwait Real Estate Co KSCC's Price to Tangible Book Ratio of today is 0.61.

The historical rank and industry rank for Arkan Al-Kuwait Real Estate Co KSCC's Price-to-Tangible-Book or its related term are showing as below:

KUW:ARKAN' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.57   Med: 0.67   Max: 1.04
Current: 0.59

During the past 13 years, Arkan Al-Kuwait Real Estate Co KSCC's highest Price to Tangible Book Ratio was 1.04. The lowest was 0.57. And the median was 0.67.

KUW:ARKAN's Price-to-Tangible-Book is ranked better than
65.04% of 1722 companies
in the Real Estate industry
Industry Median: 0.83 vs KUW:ARKAN: 0.59

A closely related ratio is called PB Ratio. As of today, Arkan Al-Kuwait Real Estate Co KSCC's share price is KWD0.083. Arkan Al-Kuwait Real Estate Co KSCC's Book Value per Sharefor the quarter that ended in Jan. 2024 was KWD0.14. Hence, Arkan Al-Kuwait Real Estate Co KSCC's P/B Ratio of today is 0.61.


Arkan Al-Kuwait Real Estate Co KSCC Price-to-Tangible-Book Historical Data

The historical data trend for Arkan Al-Kuwait Real Estate Co KSCC'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.

Arkan Al-Kuwait Real Estate Co KSCC Price-to-Tangible-Book Chart

Arkan Al-Kuwait Real Estate Co KSCC Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.57 0.62 0.99 0.88 0.64

Arkan Al-Kuwait Real Estate Co KSCC Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Price-to-Tangible-Book 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 0.85 0.71 0.71 0.64 0.61

Competitive Comparison of Arkan Al-Kuwait Real Estate Co KSCC's Price-to-Tangible-Book

For the Real Estate Services subindustry, Arkan Al-Kuwait Real Estate Co KSCC'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.


Arkan Al-Kuwait Real Estate Co KSCC's Price-to-Tangible-Book Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Arkan Al-Kuwait Real Estate Co KSCC's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Arkan Al-Kuwait Real Estate Co KSCC's Price-to-Tangible-Book falls into.



Arkan Al-Kuwait Real Estate Co KSCC Price-to-Tangible-Book Calculation

Arkan Al-Kuwait Real Estate Co KSCC's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jan. 2024 )
=0.083/0.136
=0.61

* 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.

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

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.


Arkan Al-Kuwait Real Estate Co KSCC Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Arkan Al-Kuwait Real Estate Co KSCC's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Arkan Al-Kuwait Real Estate Co KSCC (KUW:ARKAN) Business Description

Traded in Other Exchanges
N/A
Address
Alshuhadaa Street, P.O. Box 20678, Al Hamra Tower, 66th Floor, Sharq, Safat, Kuwait City, KWT, 13067
Arkan Al-Kuwait Real Estate Co KSCC is a real estate company that offers direct real estate investment and property management services. It is involved in the construction of Commercial and Residential projects. The firm offers consulting services, specialized investment studies, research, and feasibility reports. The company generates the majority of revenue from Rent.

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