Shankara Building (SHANKARA.NS)

P/B ratio as of September 2024 : 1.70

According to Shankara Building 's latest financial reports the company has a price-to-book ratio of 1.70.
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.

Shankara Building - P/B ratio (from 2017 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	2.57	3.82%
2022-12-31	2.48	9.98%
2021-12-31	2.25	36.74%
2020-12-31	1.65	13.55%
2019-12-31	1.45	-45.03%
2018-12-31	2.64	-73.49%
2017-12-31	9.96

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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Shankara Building (SHANKARA.NS) - P/B ratio