Confidence Petroleum (CONFIPET.NS)

P/B ratio as of October 2024 : 2.12

According to Confidence Petroleum's latest financial reports the company has a price-to-book ratio of 2.12.
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.

Confidence Petroleum - P/B ratio (from 2020 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	2.70	-0.4%
2022-12-31	2.71	-26.74%
2021-12-31	3.70	65.6%
2020-12-31	2.23	31.62%
2019-12-31	1.70	-40.33%
2018-12-31	2.84	-28.11%
2017-12-31	3.96
2016-12-31	N/A	-100%
2015-12-31	0.6591	190.97%
2014-12-31	0.2265
2013-12-31	N/A
2012-12-31	N/A
2011-12-31	N/A
2010-12-31	N/A

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Confidence Petroleum (CONFIPET.NS) - P/B ratio