Laurus Labs (LAURUSLABS.NS)

P/B ratio as of September 2024 : 6.09

According to Laurus Labs 's latest financial reports the company has a price-to-book ratio of 6.09.
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.

Laurus Labs - 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	5.74	8.8%
2022-12-31	5.27	-45.12%
2021-12-31	9.61	10.06%
2020-12-31	8.73	269.5%
2019-12-31	2.36	-16.32%
2018-12-31	2.82	-32.86%
2017-12-31	4.20

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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Laurus Labs (LAURUSLABS.NS) - P/B ratio