Finolex Industries (FINPIPE.NS)

P/B ratio as of October 2024 : 3.12

According to Finolex Industries's latest financial reports the company has a price-to-book ratio of 3.12.
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.

Finolex Industries - 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	2.33	-20.85%
2022-12-31	2.94	-19.76%
2021-12-31	3.66	6.03%
2020-12-31	3.45	24.83%
2019-12-31	2.77
2016-12-31	3.32	-12.75%
2015-12-31	3.80	0.53%
2014-12-31	3.78	37.75%
2013-12-31	2.74	156.6%
2012-12-31	1.07

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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Finolex Industries (FINPIPE.NS) - P/B ratio