Heidelbergcement India (HEIDELBERG.NS)

P/B ratio as of September 2024 : 3.45

According to Heidelbergcement India's latest financial reports the company has a price-to-book ratio of 3.45.
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.

Heidelbergcement India - P/B ratio (from 2011 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	3.79	28.8%
2022-12-31	2.94	-16.98%
2021-12-31	3.55	-11.63%
2020-12-31	4.01	25.1%
2019-12-31	3.21	-3.62%
2018-12-31	3.33	-9.81%
2017-12-31	3.69	41.35%
2016-12-31	2.61	24.26%
2015-12-31	2.10	5.74%
2014-12-31	1.99	95.36%
2013-12-31	1.02	-32.51%
2012-12-31	1.51	113.93%
2011-12-31	0.7044

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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Heidelbergcement India (HEIDELBERG.NS) - P/B ratio