Finolex Industries
FINPIPE.NS
$3.54
Share price
-0.10%
Change (1 day)
55.10%
Change (1 year)
Finolex Industries (FINPIPE.NS) - P/B ratio
P/B ratio as of May 2024 : 3.24
According to Finolex Industries's latest financial reports the company has a price-to-book ratio of 3.24.
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 Industries - P/B ratio (from 2012 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 2.32 | -20.99% |
| 2022-12-31 | 2.94 | -19.76% |
| 2021-12-31 | 3.66 | 6.03% |
| 2020-12-31 | 3.45 | 24.83% |
| 2019-12-31 | 2.77 | |
| 2016-12-31 | 3.32 | -12.75% |
| 2015-12-31 | 3.80 | 0.53% |
| 2014-12-31 | 3.78 | 37.75% |
| 2013-12-31 | 2.74 | 156.49% |
| 2012-12-31 | 1.07 |