Apollo Tyres (APOLLOTYRE.NS)

P/B ratio as of November 2024 : 2.17

According to Apollo Tyres's latest financial reports the company has a price-to-book ratio of 1.20142.
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.

Apollo Tyres - 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	2.22	23.77%
2022-12-31	1.80	49.4%
2021-12-31	1.20	11.54%
2020-12-31	1.08	14.16%
2019-12-31	0.9443	-31.99%
2018-12-31	1.39	-32.33%
2017-12-31	2.05	52.15%
2016-12-31	1.35	-0.89%
2015-12-31	1.36	-38.74%
2014-12-31	2.22	66.1%
2013-12-31	1.34	-5.03%
2012-12-31	1.41

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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Apollo Tyres (APOLLOTYRE.NS) - P/B ratio