Heidelbergcement India (HEIDELBERG.NS)

P/B ratio as of November 2024 : 3.57

According to Heidelbergcement India's latest financial reports the company has a price-to-book ratio of 2.17376.
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.

Heidelbergcement India - P/B ratio (from 2011 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	3.79	28.67%
2022-12-31	2.95	-17.08%
2021-12-31	3.55	-11.61%
2020-12-31	4.02	25.9%
2019-12-31	3.19	-3.53%
2018-12-31	3.31	-9.93%
2017-12-31	3.68	40.93%
2016-12-31	2.61	24.07%
2015-12-31	2.10	5.98%
2014-12-31	1.98	95.05%
2013-12-31	1.02	-32.51%
2012-12-31	1.51	113.91%
2011-12-31	0.7045

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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Heidelbergcement India (HEIDELBERG.NS) - P/B ratio