Bharat Electronics
BEL.NS
#783
Rank
$25.03 B
Marketcap
$3.43
Share price
-2.56%
Change (1 day)
67.09%
Change (1 year)

Bharat Electronics (BEL.NS) - P/B ratio

P/B ratio as of December 2024 : 11.9

According to Bharat Electronics 's latest financial reports the company has a price-to-book ratio of 9.77636.
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.

Bharat Electronics - P/B ratio (from 2019 to 2024)

P/B ratio by year

Year P/B ratio Change
2024-12-3112.942.52%
2023-12-319.0863.44%
2022-12-315.5524.86%
2021-12-314.4552.8%
2020-12-312.9111.99%
2019-12-312.60