3M India
3MINDIA.NS
$356.33
Share price
-0.12%
Change (1 day)
26.61%
Change (1 year)
Categories
3M India (3MINDIA.NS) - P/B ratio
P/B ratio as of May 2024 : 18.1
According to 3M India's latest financial reports the company has a price-to-book ratio of 18.1.
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.
3M India - P/B ratio (from 2012 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 22.8 | 122.36% |
| 2022-12-31 | 10.3 | -27.91% |
| 2021-12-31 | 14.2 | 6.91% |
| 2020-12-31 | 13.3 | -9.17% |
| 2019-12-31 | 14.6 | 2.24% |
| 2018-12-31 | 14.3 | -12.04% |
| 2017-12-31 | 16.3 | 44.4% |
| 2016-12-31 | 11.3 | -20.92% |
| 2015-12-31 | 14.3 | 51.01% |
| 2014-12-31 | 9.45 | 52.13% |
| 2013-12-31 | 6.21 | -12.06% |
| 2012-12-31 | 7.06 |