According to Bank of India
's latest financial reports the company has a price-to-book ratio of 1.02.
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 | 0.7426 | 21.58% |
2022-12-31 | 0.6108 | 60.58% |
2021-12-31 | 0.3804 | 12.62% |
2020-12-31 | 0.3377 | -28.62% |
2019-12-31 | 0.4732 |