According to Union Bank of India's latest financial reports the company has a price-to-book ratio of 1.70176.
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.
Year | P/B ratio | Change |
---|---|---|
2024-12-31 | 0.8052 | -14.39% |
2023-12-31 | 0.9406 | 31.24% |
2022-12-31 | 0.7167 | 71.17% |
2021-12-31 | 0.4187 | 33.25% |
2020-12-31 | 0.3142 | -36.31% |
2019-12-31 | 0.4933 |