Bharat Forge
BHARATFORG.NS
$15.71
Share price
-0.15%
Change (1 day)
62.46%
Change (1 year)
Bharat Forge (BHARATFORG.NS) - P/B ratio
P/B ratio as of April 2024 : 8.65
According to Bharat Forge
's latest financial reports the company has a price-to-book ratio of 8.65.
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 Forge - P/B ratio (from 2019 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 8.19 | 34.16% |
| 2022-12-31 | 6.11 | 10.25% |
| 2021-12-31 | 5.54 | 19.37% |
| 2020-12-31 | 4.64 | 17.11% |
| 2019-12-31 | 3.96 |