Punjab & Sind Bank (PSB.NS)

P/B ratio as of December 2024 : 2.94

According to Punjab & Sind Bank's latest financial reports the company has a price-to-book ratio of 8.23014.
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.

Punjab & Sind Bank - P/B ratio (from 2013 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	3.06	59.33%
2023-12-31	1.92	22.23%
2022-12-31	1.57	118.4%
2021-12-31	0.7205	531.48%
2020-12-31	0.1141	-55.01%
2019-12-31	0.2536	-25.32%
2018-12-31	0.3396	2.32%
2017-12-31	0.3319	8.98%
2016-12-31	0.3046	12.62%
2015-12-31	0.2704	-42.92%
2014-12-31	0.4738	105.18%
2013-12-31	0.2309

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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Punjab & Sind Bank (PSB.NS) - P/B ratio