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Overview: Saudi Steel Pipes Company specializes in the manufacture and distribution of steel pipes both within Saudi Arabia and internationally, with a market capitalization of SAR2.82 billion.
Over my forty years or so in and around dealing rooms and financial markets, I have heard many theories as to how to approach that problem and have settled on a process that has worked for me ...
The P/B ratio shows how a stock's market price compares to its book value. It helps gauge whether a stock is undervalued or overvalued relative to its net assets.