Chennai Petroleum (CHENNPETRO.NS)

P/B ratio as of July 2024 : 1.69

According to Chennai Petroleum's latest financial reports the company has a price-to-book ratio of 1.69.
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.

Chennai Petroleum - P/B ratio (from 2012 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	1.32	175.95%
2022-12-31	0.4792	-45.69%
2021-12-31	0.8824	5.71%
2020-12-31	0.8348	37.92%
2019-12-31	0.6053	-49.3%
2018-12-31	1.19
2016-12-31	1.61	68.68%
2015-12-31	0.9565	85.2%
2014-12-31	0.5165	-13.22%
2013-12-31	0.5952	18.25%
2012-12-31	0.5033

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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Chennai Petroleum (CHENNPETRO.NS) - P/B ratio