Granules India
GRANULES.NS
#4970
Rank
$1.15 B
Marketcap
$4.77
Share price
1.52%
Change (1 day)
30.57%
Change (1 year)

Granules India (GRANULES.NS) - P/B ratio

P/B ratio as of May 2024 : 3.23

According to Granules India's latest financial reports the company has a price-to-book ratio of 3.23.
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.

Granules India - P/B ratio (from 2012 to 2023)

P/B ratio by year

Year P/B ratio Change
2023-12-313.3113.23%
2022-12-312.92-17.19%
2021-12-313.53-23.59%
2020-12-314.61153.63%
2019-12-311.828.92%
2018-12-311.67-40.7%
2017-12-312.82-10.34%
2016-12-313.14-44.25%
2015-12-315.6438.08%
2014-12-314.08208.64%
2013-12-311.32125.39%
2012-12-310.5867