Larsen & Toubro Infotech (LTI.BO) - P/B ratio

P/B ratio as of November 2024 : 9.64

According to Larsen & Toubro Infotech's latest financial reports the company has a price-to-book ratio of 4.75417.
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 Infotech - P/B ratio (from 2016 to 2022)

P/B ratio by year

Year	P/B ratio	Change
2022-12-31	9.47	-39.39%
2021-12-31	15.6	63.75%
2020-12-31	9.54	65.31%
2019-12-31	5.77	-15.37%
2018-12-31	6.82	30.68%
2017-12-31	5.22	18.08%
2016-12-31	4.42

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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