According to Canara Bank
's latest financial reports the company has a price-to-book ratio of 1.26.
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 |
---|---|---|
2023-12-31 | 0.8803 | 13.31% |
2022-12-31 | 0.7769 | 49.37% |
2021-12-31 | 0.5201 | 48.94% |
2020-12-31 | 0.3492 | -28.56% |
2019-12-31 | 0.4888 |