Alkem Laboratories (ALKEM.NS)

P/B ratio as of November 2024 : 6.09

According to Alkem Laboratories 's latest financial reports the company has a price-to-book ratio of 5.21508.
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.

Alkem Laboratories - P/B ratio (from 2016 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	6.08	61.11%
2022-12-31	3.78	-25.51%
2021-12-31	5.07	2.7%
2020-12-31	4.94	24.77%
2019-12-31	3.96	-12.39%
2018-12-31	4.52	-18.49%
2017-12-31	5.54	24.58%
2016-12-31	4.45	-14.71%
2015-12-31	5.21

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Alkem Laboratories (ALKEM.NS) - P/B ratio