CARE's Ratings
CARERATING.NS
$13.14
Share price
0.53%
Change (1 day)
55.67%
Change (1 year)
Categories
CARE's Ratings (CARERATING.NS) - P/B ratio
P/B ratio as of May 2024 : 4.68
According to CARE's Ratings's latest financial reports the company has a price-to-book ratio of 4.68.
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.
CARE's Ratings - P/B ratio (from 2018 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 4.09 | 54.64% |
| 2022-12-31 | 2.64 | -11.11% |
| 2021-12-31 | 2.97 | 9.48% |
| 2020-12-31 | 2.72 | -13.07% |
| 2019-12-31 | 3.12 | -43.31% |
| 2018-12-31 | 5.51 |