Cipla
CIPLA.NS
$16.78
Share price
3.82%
Change (1 day)
52.55%
Change (1 year)
Categories
Cipla (CIPLA.NS) - P/B ratio
P/B ratio as of April 2024 : 4.32
According to Cipla's latest financial reports the company has a price-to-book ratio of 4.32.
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.
Cipla - P/B ratio (from 2013 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 4.00 | 3.77% |
| 2022-12-31 | 3.86 | -0.24% |
| 2021-12-31 | 3.87 | 0.41% |
| 2020-12-31 | 3.85 | 60.67% |
| 2019-12-31 | 2.40 | -16.73% |
| 2018-12-31 | 2.88 | -20.95% |
| 2017-12-31 | 3.64 | 3.78% |
| 2016-12-31 | 3.51 | -18.95% |
| 2015-12-31 | 4.33 | -5.69% |
| 2014-12-31 | 4.59 | 39.57% |
| 2013-12-31 | 3.29 |