Bajaj Auto
BAJAJ-AUTO.NS
$108.91
Share price
1.30%
Change (1 day)
93.89%
Change (1 year)
Bajaj Auto (BAJAJ-AUTO.NS) - P/B ratio
P/B ratio as of June 2024 : 8.70
According to Bajaj Auto
's latest financial reports the company has a price-to-book ratio of 8.70.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.
Bajaj Auto - P/B ratio (from 2016 to 2024)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2024-12-31 | N/A | -100% |
| 2023-12-31 | 6.55 | 69.2% |
| 2022-12-31 | 3.87 | 11.4% |
| 2021-12-31 | 3.48 | -18.14% |
| 2020-12-31 | 4.25 | 10.3% |
| 2019-12-31 | 3.85 | -3.79% |
| 2018-12-31 | 4.00 | -25.82% |
| 2017-12-31 | 5.39 | 15.67% |
| 2016-12-31 | 4.66 |