Apar Industries (APARINDS.NS)

P/B ratio as of December 2024 : 9.57

According to Apar Industries's latest financial reports the company has a price-to-book ratio of 2.30304.
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.

Apar Industries - P/B ratio (from 2013 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	9.82	-0.76%
2023-12-31	9.89	156.02%
2022-12-31	3.86	97.18%
2021-12-31	1.96	83.88%
2020-12-31	1.07	-14.56%
2019-12-31	1.25	-46.78%
2018-12-31	2.34	-22.57%
2017-12-31	3.03
2014-12-31	2.13	161.96%
2013-12-31	0.8125

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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Apar Industries (APARINDS.NS) - P/B ratio