According to Adani Enterprises's latest financial reports the company has a price-to-book ratio of 8.38.
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.
Year | P/B ratio | Change |
---|---|---|
2023-12-31 | 7.78 | -35.06% |
2022-12-31 | 12.0 | 47.9% |
2021-12-31 | 8.10 | 175.43% |
2020-12-31 | 2.94 | 119.81% |
2019-12-31 | 1.34 | 7.9% |
2018-12-31 | 1.24 | 0.38% |
2017-12-31 | 1.23 | 111.61% |
2016-12-31 | 0.5834 | -16.12% |
2015-12-31 | 0.6955 | -61.79% |
2014-12-31 | 1.82 | 53.49% |
2013-12-31 | 1.19 | -1.82% |
2012-12-31 | 1.21 |