Automotive Axles
AUTOAXLES.NS
$22.43
Share price
-0.99%
Change (1 day)
-23.32%
Change (1 year)
Categories
Automotive Axles (AUTOAXLES.NS) - P/B ratio
P/B ratio as of April 2024 : 3.55
According to Automotive Axles's latest financial reports the company has a price-to-book ratio of 3.55.
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.
Automotive Axles - P/B ratio (from 2011 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 4.08 | -8.86% |
| 2022-12-31 | 4.48 | 6.05% |
| 2021-12-31 | 4.22 | 38.56% |
| 2020-12-31 | 3.05 | 30.14% |
| 2019-12-31 | 2.34 | -47.96% |
| 2018-12-31 | 4.50 | -19.88% |
| 2017-12-31 | 5.61 | 112.31% |
| 2016-12-31 | 2.64 | -22.65% |
| 2015-12-31 | 3.42 | -3.13% |
| 2014-12-31 | 3.53 | 170.19% |
| 2013-12-31 | 1.31 | -33.44% |
| 2012-12-31 | 1.96 | 6.23% |
| 2011-12-31 | 1.85 |