Dr Lal PathLabs (LALPATHLAB.NS)

P/B ratio as of November 2024 : 12.4

According to Dr Lal PathLabs 's latest financial reports the company has a price-to-book ratio of 10.7164.
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.

Dr Lal PathLabs - P/B ratio (from 2016 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	11.9	1.82%
2022-12-31	11.7	-48.52%
2021-12-31	22.6	37.64%
2020-12-31	16.4	44.02%
2019-12-31	11.4	27.46%
2018-12-31	8.96	-18.05%
2017-12-31	10.9	-24.12%
2016-12-31	14.4	-10.09%
2015-12-31	16.0

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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Dr Lal PathLabs (LALPATHLAB.NS) - P/B ratio