Fortis Healthcare (FORTIS.NS)

P/B ratio as of September 2024 : 5.18

According to Fortis Healthcare's latest financial reports the company has a price-to-book ratio of 5.18.
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.

Fortis Healthcare - 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	3.73	36.72%
2022-12-31	2.73	-15.74%
2021-12-31	3.24	93.68%
2020-12-31	1.67	23.62%
2019-12-31	1.35	-36.72%
2018-12-31	2.14	56.67%
2017-12-31	1.37	-18.63%
2016-12-31	1.68	0.28%
2015-12-31	1.67	66.88%
2014-12-31	1.00	-1.01%
2013-12-31	1.01	-4.15%
2012-12-31	1.06
2007-12-31	4.50
2006-12-31	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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Fortis Healthcare (FORTIS.NS) - P/B ratio