GAIL
GAIL.NS
$2.46
Share price
-1.94%
Change (1 day)
87.79%
Change (1 year)
Categories
GAIL (GAIL.NS) - P/B ratio
P/B ratio as of May 2024 : 1.87
According to GAIL's latest financial reports the company has a price-to-book ratio of 1.87.
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.
GAIL - P/B ratio (from 2019 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 1.46 | 54.49% |
| 2022-12-31 | 0.9431 | -0.9% |
| 2021-12-31 | 0.9517 | -13.6% |
| 2020-12-31 | 1.10 | -3.04% |
| 2019-12-31 | 1.14 |