Tadawul-listed firms trade at operating P/E of 24.4x TTM in Q3 2024

Last Updated Date (19/11/2024) Argaam Report

Tadawul-listed firms – excluding Saudi Arabian Oil Co. (Saudi Aramco) – traded at an operating price-to-earnings ratio (P/E) of 24.4x, trailing twelve months (TTM), in Q3 2024.

 

According to a study by Argaam, the price-to-book (P/B) ratio

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