CIE Automotive India (CIEINDIA.NS)

P/B ratio as of September 2024 : 3.51

According to CIE Automotive India's latest financial reports the company has a price-to-book ratio of 3.51.
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.

CIE Automotive India - P/B ratio (from 2018 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	2.98	16.56%
2022-12-31	2.56	49.24%
2021-12-31	1.71	29.2%
2020-12-31	1.33	-1.55%
2019-12-31	1.35	-40.34%
2018-12-31	2.26

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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CIE Automotive India (CIEINDIA.NS) - P/B ratio