Kitex Garments (KITEX.NS)

P/B ratio as of September 2024 : 3.10

According to Kitex Garments's latest financial reports the company has a price-to-book ratio of 3.10.
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.

Kitex Garments - P/B ratio (from 2012 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	1.52	10.05%
2022-12-31	1.38	-22.12%
2021-12-31	1.77	60.9%
2020-12-31	1.10	-2.1%
2019-12-31	1.12
2016-12-31	5.10	-54.25%
2015-12-31	11.2	-2.5%
2014-12-31	11.4	325.54%
2013-12-31	2.69	98.45%
2012-12-31	1.35

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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Kitex Garments (KITEX.NS) - P/B ratio