Federal Bank
FEDERALBNK.NS
$2.01
Share price
3.32%
Change (1 day)
21.82%
Change (1 year)
Categories
Federal Bank (FEDERALBNK.NS) - P/B ratio
P/B ratio as of May 2024 : 1.45
According to Federal Bank's latest financial reports the company has a price-to-book ratio of 1.45.
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.
Federal Bank - P/B ratio (from 2019 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 1.40 | -0.68% |
| 2022-12-31 | 1.40 | 48.38% |
| 2021-12-31 | 0.9468 | 10.89% |
| 2020-12-31 | 0.8538 | -30.14% |
| 2019-12-31 | 1.22 |