According to HDFC Life
's latest financial reports the company has a price-to-book ratio of 1.47968.
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 |
---|---|---|
2024-12-31 | 8.51 | -13.35% |
2023-12-31 | 9.82 | 1.14% |
2022-12-31 | 9.71 | -34.22% |
2021-12-31 | 14.8 | -16.28% |
2020-12-31 | 17.6 | -10.43% |
2019-12-31 | 19.7 | 27.98% |
2018-12-31 | 15.4 | -13.21% |
2017-12-31 | 17.7 |