Balkrishna Industries
BALKRISIND.NS
Balkrishna Industries (BALKRISIND.NS) - P/B ratio
P/B ratio as of April 2024 : 5.56
According to Balkrishna Industries
's latest financial reports the company has a price-to-book ratio of 5.56.
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.
Balkrishna Industries - P/B ratio (from 2019 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 6.03 | 12.81% |
| 2022-12-31 | 5.34 | -22.1% |
| 2021-12-31 | 6.86 | 15.58% |
| 2020-12-31 | 5.93 | 56.57% |
| 2019-12-31 | 3.79 |