Century Textiles and Industries (CENTURYTEX.NS)

P/B ratio as of September 2024 : 7.50

According to Century Textiles and Industries's latest financial reports the company has a price-to-book ratio of 7.50.
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.

Century Textiles and Industries - P/B ratio (from 2009 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	3.49	74.03%
2022-12-31	2.00	-25.62%
2021-12-31	2.70	107.04%
2020-12-31	1.30	-15.86%
2019-12-31	1.55	-57.92%
2018-12-31	3.68	-42.83%
2017-12-31	6.43	82.92%
2016-12-31	3.52	17.6%
2015-12-31	2.99	23.31%
2014-12-31	2.42	49.18%
2013-12-31	1.63	-17.98%
2012-12-31	1.98	118.44%
2011-12-31	0.9071	-55.64%
2010-12-31	2.04	-43.37%
2009-12-31	3.61

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Century Textiles and Industries (CENTURYTEX.NS) - P/B ratio