According to HBL Power Systems's latest financial reports the company has a price-to-book ratio of 14.1.
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.
Year | P/B ratio | Change |
---|---|---|
2023-12-31 | 11.4 | 253.3% |
2022-12-31 | 3.23 | 50.16% |
2021-12-31 | 2.15 | 42.65% |
2020-12-31 | 1.51 | 166.7% |
2019-12-31 | 0.5652 |