Dixon Technologies (DIXON.NS)

P/B ratio as of September 2024 : 48.3

According to Dixon Technologies's latest financial reports the company has a price-to-book ratio of 48.3.
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.

Dixon Technologies - P/B ratio (from 2017 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	26.6	37.4%
2022-12-31	19.4	-50.5%
2021-12-31	39.1	47.05%
2020-12-31	26.6	213.45%
2019-12-31	8.49	19.36%
2018-12-31	7.11	-58.3%
2017-12-31	17.1

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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Dixon Technologies (DIXON.NS) - P/B ratio