Bharat Petroleum
BPCL.NS
Bharat Petroleum (BPCL.NS) - P/B ratio
P/B ratio as of May 2024 : 1.93
According to Bharat Petroleum
's latest financial reports the company has a price-to-book ratio of 1.93.
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 Petroleum - P/B ratio (from 2019 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 1.37 | -9.16% |
| 2022-12-31 | 1.51 | -12.36% |
| 2021-12-31 | 1.72 | -12.07% |
| 2020-12-31 | 1.96 | -20.56% |
| 2019-12-31 | 2.47 |