MM Forgings (MMFL.NS)

P/B ratio as of September 2024 : 3.56

According to MM Forgings's latest financial reports the company has a price-to-book ratio of 3.56.
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.

MM Forgings - 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	3.17	0.8%
2022-12-31	3.14	-2.99%
2021-12-31	3.24	45.04%
2020-12-31	2.23	11.18%
2019-12-31	2.01	-45.41%
2018-12-31	3.68	-13.2%
2017-12-31	4.24	141.72%
2016-12-31	1.75	-24.47%
2015-12-31	2.32	-22.02%
2014-12-31	2.98	373.81%
2013-12-31	0.6282	72.23%
2012-12-31	0.3648

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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MM Forgings (MMFL.NS) - P/B ratio