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Commodities

Saudi Gas Distributor Price-to-Book Ratio Surges 34% on Saudi Exchange

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Natural Gas
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The Natural Gas Distribution Company's price-to-book forward ratio has been under scrutiny by investors and analysts.

The company, listed on the Saudi Exchange as TADAWUL:9516, revealed its latest financial data, showing a significant increase in the price-to-book forward ratio.

The ratio now stands at 1.34, indicating that the market value of the company is higher than its book value by 34%.

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