3M India (3MINDIA.NS)

P/B ratio as of September 2024 : 18.2

According to 3M India's latest financial reports the company has a price-to-book ratio of 18.2.
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.

3M India - P/B ratio (from 2012 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	22.8	122.98%
2022-12-31	10.2	-27.81%
2021-12-31	14.2	6.89%
2020-12-31	13.3	-9.74%
2019-12-31	14.7	2.13%
2018-12-31	14.4	-11.93%
2017-12-31	16.4	44.86%
2016-12-31	11.3	-20.8%
2015-12-31	14.3	50.52%
2014-12-31	9.47	53.53%
2013-12-31	6.17	-12.59%
2012-12-31	7.06

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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3M India (3MINDIA.NS) - P/B ratio