Bharat Forge (BHARATFORG.NS)

P/B ratio as of November 2024 : 8.31

According to Bharat Forge 's latest financial reports the company has a price-to-book ratio of 3.89619.
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 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	8.21	34.39%
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

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Bharat Forge (BHARATFORG.NS) - P/B ratio