Confidence Petroleum
CONFIPET.NS
Confidence Petroleum (CONFIPET.NS) - P/B ratio
P/B ratio as of May 2024 : 2.89
According to Confidence Petroleum's latest financial reports the company has a price-to-book ratio of 2.89.
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.
Confidence Petroleum - P/B ratio (from 2020 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 2.69 | -0.57% |
| 2022-12-31 | 2.71 | -26.74% |
| 2021-12-31 | 3.70 | 65.6% |
| 2020-12-31 | 2.23 | 31.62% |
| 2019-12-31 | 1.70 | -40.32% |
| 2018-12-31 | 2.84 | -28.1% |
| 2017-12-31 | 3.96 | |
| 2016-12-31 | N/A | -100% |
| 2015-12-31 | 0.6591 | 190.97% |
| 2014-12-31 | 0.2265 | |
| 2013-12-31 | N/A | |
| 2012-12-31 | N/A | |
| 2011-12-31 | N/A | |
| 2010-12-31 | N/A |