According to Hindalco Industries
's latest financial reports the company has a price-to-book ratio of 1.45.
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 | 1.31 | 14.54% |
2022-12-31 | 1.14 | -23.59% |
2021-12-31 | 1.50 | 64.86% |
2020-12-31 | 0.9082 | 8.17% |
2019-12-31 | 0.8396 |