Cigniti Technologies (CIGNITITEC.NS)

P/B ratio as of September 2024 : 5.04

According to Cigniti Technologies 's latest financial reports the company has a price-to-book ratio of 5.04.
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.

Cigniti Technologies - 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	4.37	51.19%
2022-12-31	2.89	-21.91%
2021-12-31	3.70	8.64%
2020-12-31	3.40	-10.48%
2019-12-31	3.80	-67.68%
2018-12-31	11.8	-141.67%
2017-12-31	-28.2	-1193.98%
2016-12-31	2.58	-29.24%
2015-12-31	3.65	-47.45%
2014-12-31	6.94
2013-12-31	N/A
2012-12-31	N/A

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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Cigniti Technologies (CIGNITITEC.NS) - P/B ratio