According to Escorts Limited
's latest financial reports the company has a price-to-book ratio of 4.07.
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 | 3.74 | 4.67% |
2022-12-31 | 3.58 | -25.92% |
2021-12-31 | 4.83 | 25.7% |
2020-12-31 | 3.84 | 43.09% |
2019-12-31 | 2.68 |