Azure Power
AZREF
$1.00
Share price
0.00%
Change (1 day)
-54.75%
Change (1 year)
Categories
Azure Power (AZREF) - P/B ratio
P/B ratio as of April 2024 : 0.1229
According to Azure Power
's latest financial reports the company has a price-to-book ratio of 0.1229.
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.
Azure Power - P/B ratio (from 2016 to 2022)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2022-12-31 | 0.5298 | -80.71% |
| 2021-12-31 | 2.75 | -47.98% |
| 2020-12-31 | 5.28 | 257.19% |
| 2019-12-31 | 1.48 | 50.28% |
| 2018-12-31 | 0.9834 | -44.58% |
| 2017-12-31 | 1.77 | -14.03% |
| 2016-12-31 | 2.06 | |
| 2015-12-31 | N/A |
P/B ratio for similar companies or competitors
| Company | P/B ratio | differencediff. | Country |
|---|---|---|---|
 Pinnacle West Capital
PNW | 1.33 | 984.75% | 🇺🇸 USA |
 PNM Resources PNM | 1.36 | 1,006.80% | 🇺🇸 USA |