Torrent Power
TORNTPOWER.NS
#1754
Rank
C$13.43 B
Marketcap
$27.94
Share price
-3.53%
Change (1 day)
121.67%
Change (1 year)

Torrent Power (TORNTPOWER.NS) - P/B ratio

P/B ratio as of November 2024 : 6.39

According to Torrent Power's latest financial reports the company has a price-to-book ratio of 2.81344.
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 Power - P/B ratio (from 2013 to 2024)

P/B ratio by year

Year P/B ratio Change
2024-12-31N/A-100%
2023-12-313.6376.87%
2022-12-312.05-18.52%
2021-12-312.5259.75%
2020-12-311.5813.93%
2019-12-311.39-7.03%
2018-12-311.49-21.21%
2017-12-311.8949.58%
2016-12-311.2613.99%
2015-12-311.11-2.86%
2014-12-311.1422.13%
2013-12-310.9349