Reliance Industries (RELIANCE.NS)

P/B ratio as of September 2024 : 2.14

According to Reliance Industries's latest financial reports the company has a price-to-book ratio of 2.14.
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.

Reliance Industries - 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	1.99	6.17%
2022-12-31	1.88	-0.51%
2021-12-31	1.89	-7.42%
2020-12-31	2.04	-11.45%
2019-12-31	2.30	-3.59%
2018-12-31	2.39	11.63%
2017-12-31	2.14	75.61%
2016-12-31	1.22	-12.24%
2015-12-31	1.39	5.38%
2014-12-31	1.32

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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Reliance Industries (RELIANCE.NS) - P/B ratio