Ambuja Cements (AMBUJACEM.NS)

P/B ratio as of September 2024 : 2.93

According to Ambuja Cements 's latest financial reports the company has a price-to-book ratio of 2.93.
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.

Ambuja Cements - P/B ratio (from 2015 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	2.57	-16.15%
2022-12-31	3.06	32.69%
2021-12-31	2.31	35.84%
2020-12-31	1.70	29.89%
2019-12-31	1.31	-19.02%
2018-12-31	1.61	-24.25%
2017-12-31	2.13	60.99%
2016-12-31	1.32	-1.1%
2015-12-31	1.34

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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Ambuja Cements (AMBUJACEM.NS) - P/B ratio