Grindwell Norton (GRINDWELL.NS)

P/B ratio as of September 2024 : 12.7

According to Grindwell Norton's latest financial reports the company has a price-to-book ratio of 12.7.
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.

Grindwell Norton - P/B ratio (from 2014 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	14.0	17.08%
2022-12-31	11.9	-20.61%
2021-12-31	15.0	125.74%
2020-12-31	6.65	13.49%
2019-12-31	5.86	-7.14%
2018-12-31	6.31	-5.91%
2017-12-31	6.71	58.62%
2016-12-31	4.23	-31.79%
2015-12-31	6.20	14.61%
2014-12-31	5.41

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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Grindwell Norton (GRINDWELL.NS) - P/B ratio