According to Bajaj Electricals
's latest financial reports the company has a price-to-book ratio of 7.98.
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.
Year | P/B ratio | Change |
---|---|---|
2023-12-31 | 8.42 | 9.19% |
2022-12-31 | 7.72 | -15.56% |
2021-12-31 | 9.14 | 84.5% |
2020-12-31 | 4.95 | 36.16% |
2019-12-31 | 3.64 | -29.05% |
2018-12-31 | 5.13 | -13.57% |
2017-12-31 | 5.93 | 108.71% |
2016-12-31 | 2.84 | -2.52% |
2015-12-31 | 2.92 | -4.11% |
2014-12-31 | 3.04 | -4.23% |
2013-12-31 | 3.18 | 14.79% |
2012-12-31 | 2.77 |