Mishra Dhatu Nigam (MIDHANI.NS)

P/B ratio as of October 2024 : 5.35

According to Mishra Dhatu Nigam's latest financial reports the company has a price-to-book ratio of 5.35.
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.

Mishra Dhatu Nigam - P/B ratio (from 2018 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	5.94	84.34%
2022-12-31	3.22	6.98%
2021-12-31	3.01	-21.49%
2020-12-31	3.84	17.12%
2019-12-31	3.28	-2.16%
2018-12-31	3.35
2017-12-31	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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Mishra Dhatu Nigam (MIDHANI.NS) - P/B ratio