L&T Technology Services (LTTS.NS)

P/B ratio as of September 2024 : 10.8

According to L&T Technology Services's latest financial reports the company has a price-to-book ratio of 10.8.
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.

L&T Technology Services - P/B ratio (from 2020 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	11.6	35.02%
2022-12-31	8.56	-41.82%
2021-12-31	14.7	95.39%
2020-12-31	7.53
2019-12-31	N/A
2018-12-31	N/A
2017-12-31	N/A
2016-12-31	N/A

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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L&T Technology Services (LTTS.NS) - P/B ratio