According to New India Assurance
's latest financial reports the company has a price-to-book ratio of 0.670537.
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.
Year | P/B ratio | Change |
---|---|---|
2024-12-31 | 1.10 | -13.68% |
2023-12-31 | 1.27 | 64.28% |
2022-12-31 | 0.7750 | 18.95% |
2021-12-31 | 0.6515 | -29.6% |
2020-12-31 | 0.9254 | -0.82% |
2019-12-31 | 0.9330 | |
2017-12-31 | 2.30 |