According to Dr Lal PathLabs
's latest financial reports the company has a price-to-book ratio of 10.7.
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.
Year | P/B ratio | Change |
---|---|---|
2023-12-31 | 11.8 | 1.64% |
2022-12-31 | 11.7 | -48.52% |
2021-12-31 | 22.6 | 37.64% |
2020-12-31 | 16.4 | 44.02% |
2019-12-31 | 11.4 | 27.48% |
2018-12-31 | 8.96 | -18.04% |
2017-12-31 | 10.9 | -24.14% |
2016-12-31 | 14.4 | -10.09% |
2015-12-31 | 16.0 |