Asian Paints
ASIANPAINT.NS
$34.63
Share price
0.81%
Change (1 day)
-2.18%
Change (1 year)
Categories
Asian Paints is a multinational Indian company that is engaged in the manufacture, sale and distribution of paints, coatings, products related to home furnishings and bathroom fittings.
Asian Paints (ASIANPAINT.NS) - P/B ratio
P/B ratio as of April 2024 : 15.9
According to Asian Paints
's latest financial reports the company has a price-to-book ratio of 15.9.
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.
Asian Paints - P/B ratio (from 2011 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 19.0 | -5.52% |
| 2022-12-31 | 20.1 | -20.24% |
| 2021-12-31 | 25.2 | 7.54% |
| 2020-12-31 | 23.4 | 44.32% |
| 2019-12-31 | 16.2 | 8.26% |
| 2018-12-31 | 15.0 | 7.45% |
| 2017-12-31 | 13.9 | 22.87% |
| 2016-12-31 | 11.3 | -23.78% |
| 2015-12-31 | 14.9 | 1.63% |
| 2014-12-31 | 14.6 | 26.85% |
| 2013-12-31 | 11.5 | -15.43% |
| 2012-12-31 | 13.7 | 61.08% |
| 2011-12-31 | 8.48 |