Larsen & Toubro (LT.NS)

P/B ratio as of December 2025 : 4.57

According to Larsen & Toubro 's latest financial reports the company has a price-to-book ratio of 2.00252.
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.

Larsen & Toubro - P/B ratio (from 2014 to 2025)

P/B ratio by year

Year	P/B ratio	Change
2025-12-31	N/A	-100%
2024-12-31	4.60	-11.4%
2023-12-31	5.19	71.3%
2022-12-31	3.03	1.62%
2021-12-31	2.98	34.9%
2020-12-31	2.21	-11.76%
2019-12-31	2.50	-25.25%
2018-12-31	3.35	2.43%
2017-12-31	3.27	30.64%
2016-12-31	2.50	-2.8%
2015-12-31	2.57	-17.5%
2014-12-31	3.12

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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Larsen & Toubro (LT.NS) - P/B ratio