PI Industries (PIIND.NS)

P/B ratio as of September 2024 : 8.06

According to PI Industries's latest financial reports the company has a price-to-book ratio of 8.06.
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.

PI Industries - 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	6.68	-13.37%
2022-12-31	7.71	-3.52%
2021-12-31	7.99	19.46%
2020-12-31	6.69	-16.32%
2019-12-31	8.00
2013-12-31	5.54	211.46%
2012-12-31	1.78

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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PI Industries (PIIND.NS) - P/B ratio