Torrent Pharmaceuticals (TORNTPHARM.NS)

P/B ratio as of September 2024 : 16.5

According to Torrent Pharmaceuticals 's latest financial reports the company has a price-to-book ratio of 16.5.
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.

Torrent Pharmaceuticals - 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	11.6	37.28%
2022-12-31	8.48	-4.63%
2021-12-31	8.89	2.86%
2020-12-31	8.64	41.09%
2019-12-31	6.12	-7.2%
2018-12-31	6.60	22.02%
2017-12-31	5.41	-0.85%
2016-12-31	5.45	-24.21%
2015-12-31	7.20	-8.16%
2014-12-31	7.84	45.48%
2013-12-31	5.39	13.3%
2012-12-31	4.75

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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Torrent Pharmaceuticals (TORNTPHARM.NS) - P/B ratio