CEAT
CEATLTD.NS
CEAT (CEATLTD.NS) - P/B ratio
P/B ratio as of May 2024 : 2.81
According to CEAT's latest financial reports the company has a price-to-book ratio of 2.81.
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.
CEAT - P/B ratio (from 2012 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 2.61 | 31.12% |
| 2022-12-31 | 1.99 | 35.08% |
| 2021-12-31 | 1.47 | 2.27% |
| 2020-12-31 | 1.44 | 4.46% |
| 2019-12-31 | 1.38 | -31.24% |
| 2018-12-31 | 2.00 | -38.69% |
| 2017-12-31 | 3.27 | 61.18% |
| 2016-12-31 | 2.03 | -7% |
| 2015-12-31 | 2.18 | -23.39% |
| 2014-12-31 | 2.84 | 131.21% |
| 2013-12-31 | 1.23 | 150.23% |
| 2012-12-31 | 0.4916 |