Vedanta
VEDL.NS
Vedanta (VEDL.NS) - P/B ratio
P/B ratio as of April 2025 : 2.98
According to Vedanta's latest financial reports the company has a price-to-book ratio of 0.968378.
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.
Vedanta - P/B ratio (from 2012 to 2024)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2024-12-31 | 3.66 | 59.92% |
| 2023-12-31 | 2.29 | 42.86% |
| 2022-12-31 | 1.60 | -1.42% |
| 2021-12-31 | 1.62 | 84.25% |
| 2020-12-31 | 0.8815 | 21.82% |
| 2019-12-31 | 0.7236 | -26.61% |
| 2018-12-31 | 0.9860 | -40.09% |
| 2017-12-31 | 1.65 | 111.31% |
| 2016-12-31 | 0.7789 | 205.66% |
| 2015-12-31 | 0.2548 | -47% |
| 2014-12-31 | 0.4808 | 170.3% |
| 2013-12-31 | 0.1779 | -63.94% |
| 2012-12-31 | 0.4933 |
P/B ratio for similar companies or competitors
| Company | P/B ratio | P/B ratio differencediff. | Country |
|---|---|---|---|
 | 3.80 | 27.40% | 🇨🇦 Canada |
 | 0.5219 | -82.48% | 🇺🇸 USA |
 | 1.97 | -33.93% | 🇺🇸 USA |
 | 3.35 | 12.29% | 🇺🇸 USA |