Finolex Cables
FINCABLES.NS
$12.70
Share price
1.83%
Change (1 day)
17.19%
Change (1 year)
Finolex Cables (FINCABLES.NS) - P/B ratio
P/B ratio as of May 2024 : 3.44
According to Finolex Cables
's latest financial reports the company has a price-to-book ratio of 3.44.
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.
Finolex Cables - P/B ratio (from 2013 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 3.55 | 73.11% |
| 2022-12-31 | 2.05 | -9.14% |
| 2021-12-31 | 2.26 | 30.48% |
| 2020-12-31 | 1.73 | -11.82% |
| 2019-12-31 | 1.96 | |
| 2016-12-31 | 3.48 | 24.95% |
| 2015-12-31 | 2.79 | -13.32% |
| 2014-12-31 | 3.21 | 159.19% |
| 2013-12-31 | 1.24 |