Bank of Baroda (BANKBARODA.NS)

P/B ratio as of September 2024 : 0.9498

According to Bank of Baroda 's latest financial reports the company has a price-to-book ratio of 0.9498.
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.

Bank of Baroda - P/B ratio (from 2017 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	1.00	7.89%
2022-12-31	0.9278	94.71%
2021-12-31	0.4765	33.2%
2020-12-31	0.3577	-42.41%
2019-12-31	0.6211	-1.15%
2018-12-31	0.6284	-27.6%
2017-12-31	0.8680

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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Bank of Baroda (BANKBARODA.NS) - P/B ratio