According to Axis Bank
's latest financial reports the company has a price-to-book ratio of 3.94086.
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 |
---|---|---|
2024-12-31 | 1.86 | -18.21% |
2023-12-31 | 2.27 | 7.74% |
2022-12-31 | 2.11 | 15.5% |
2021-12-31 | 1.83 | -3.08% |
2020-12-31 | 1.89 | -22.36% |
2019-12-31 | 2.43 | |
2013-12-31 | 1.68 | |
2011-12-31 | 1.45 | -52.83% |
2010-12-31 | 3.08 |