Elgi Equipments
ELGIEQUIP.NS
$7.53
Share price
0.48%
Change (1 day)
27.13%
Change (1 year)
Elgi Equipments (ELGIEQUIP.NS) - P/B ratio
P/B ratio as of May 2024 : 13.5
According to Elgi Equipments
's latest financial reports the company has a price-to-book ratio of 13.5.
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.
Elgi Equipments - P/B ratio (from 2012 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 11.8 | 1.43% |
| 2022-12-31 | 11.6 | 12.46% |
| 2021-12-31 | 10.3 | 65.99% |
| 2020-12-31 | 6.21 | 19.36% |
| 2019-12-31 | 5.21 | -12.3% |
| 2018-12-31 | 5.94 | -34.04% |
| 2017-12-31 | 9.00 | 82.73% |
| 2016-12-31 | 4.93 | 25.99% |
| 2015-12-31 | 3.91 | -17.14% |
| 2014-12-31 | 4.72 | 60.09% |
| 2013-12-31 | 2.95 | -13.32% |
| 2012-12-31 | 3.40 |