General Insurance Corporation of India
GICRE.NS
$4.09
Share price
3.00%
Change (1 day)
118.72%
Change (1 year)
Categories
General Insurance Corporation of India (GICRE.NS) - P/B ratio
P/B ratio as of April 2024 : 1.25
According to General Insurance Corporation of India
's latest financial reports the company has a price-to-book ratio of 1.25.
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.
General Insurance Corporation of India - P/B ratio (from 2019 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 1.13 | 41.87% |
| 2022-12-31 | 0.7961 | 7.17% |
| 2021-12-31 | 0.7428 | -8.11% |
| 2020-12-31 | 0.8084 | -42.47% |
| 2019-12-31 | 1.41 | |
| 2017-12-31 | 3.23 |