Orient Electric (ORIENTELEC.NS)

P/B ratio as of November 2024 : 7.37

According to Orient Electric 's latest financial reports the company has a price-to-book ratio of 1.63978.
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.

Orient Electric - 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	7.87	-22.62%
2022-12-31	10.2	-40.12%
2021-12-31	17.0	25.47%
2020-12-31	13.5	9.63%
2019-12-31	12.4	4.53%
2018-12-31	11.8

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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Orient Electric (ORIENTELEC.NS) - P/B ratio