Tech Mahindra (TECHM.NS)

P/B ratio as of November 2024 : 5.42

According to Tech Mahindra 's latest financial reports the company has a price-to-book ratio of 2.7779.
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.

Tech Mahindra - P/B ratio (from 2012 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	4.63	29.3%
2022-12-31	3.58	-47.28%
2021-12-31	6.79	72.14%
2020-12-31	3.94	20.58%
2019-12-31	3.27	-1.53%
2018-12-31	3.32	22.68%
2017-12-31	2.71	-6.92%
2016-12-31	2.91	-18.63%
2015-12-31	3.57	-34.72%
2014-12-31	5.48	-5.07%
2013-12-31	5.77	137.45%
2012-12-31	2.43

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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Tech Mahindra (TECHM.NS) - P/B ratio