Tube Investments of India (TIINDIA.NS)

P/B ratio as of October 2024 : 12.8

According to Tube Investments of India's latest financial reports the company has a price-to-book ratio of 5.05818.
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.

Tube Investments of India - P/B ratio (from 2018 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	11.9	-3.39%
2022-12-31	12.3	21.78%
2021-12-31	10.1	18.56%
2020-12-31	8.50	67.19%
2019-12-31	5.08	9.41%
2018-12-31	4.64	16.48%
2017-12-31	3.99

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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Tube Investments of India (TIINDIA.NS) - P/B ratio