ABB India
ABB.NS
$80.38
Share price
0.24%
Change (1 day)
90.34%
Change (1 year)
Categories
ABB India (ABB.NS) - P/B ratio
P/B ratio as of May 2024 : 23.8
According to ABB India
's latest financial reports the company has a price-to-book ratio of 23.8.
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.
ABB India - P/B ratio (from 2013 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 16.7 | 44.93% |
| 2022-12-31 | 11.5 | -1.65% |
| 2021-12-31 | 11.7 | 64.37% |
| 2020-12-31 | 7.12 | -7.86% |
| 2019-12-31 | 7.73 | 9.75% |
| 2018-12-31 | 7.04 | -14.04% |
| 2017-12-31 | 8.19 | 22.28% |
| 2016-12-31 | 6.70 | -14.65% |
| 2015-12-31 | 7.85 | -19.01% |
| 2014-12-31 | 9.69 | 76.78% |
| 2013-12-31 | 5.48 |