Force Motors
FORCEMOT.NS
$46.07
Share price
1.09%
Change (1 day)
244.32%
Change (1 year)
Categories
Force Motors (FORCEMOT.NS) - P/B ratio
P/B ratio as of October 2023 : 2.63
According to Force Motors's latest financial reports the company has a price-to-book ratio of 2.63.
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.
Force Motors - P/B ratio (from 2019 to 2022)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2022-12-31 | 1.03 | 14.78% |
| 2021-12-31 | 0.8989 | -5.36% |
| 2020-12-31 | 0.9498 | 30.95% |
| 2019-12-31 | 0.7253 | |
| 2013-12-31 | 0.4202 | |
| 2012-12-31 | N/A |