According to Bharat Electronics
's latest financial reports the company has a price-to-book ratio of 11.5.
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 | 9.06 | 63.16% |
2022-12-31 | 5.55 | 24.86% |
2021-12-31 | 4.45 | 52.8% |
2020-12-31 | 2.91 | 11.99% |
2019-12-31 | 2.60 |