According to Ashok Leyland
's latest financial reports the company has a price-to-book ratio of 5.02.
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 | 4.74 | -3.4% |
2022-12-31 | 4.91 | 20.55% |
2021-12-31 | 4.07 | 21.12% |
2020-12-31 | 3.36 | 29.45% |
2019-12-31 | 2.60 | |
2014-12-31 | 2.78 | 154.11% |
2013-12-31 | 1.09 | -29.98% |
2012-12-31 | 1.56 |