Hindustan Petroleum
HINDPETRO.NS
Hindustan Petroleum (HINDPETRO.NS) - P/B ratio
P/B ratio as of April 2024 : 1.54
According to Hindustan Petroleum
's latest financial reports the company has a price-to-book ratio of 1.54.
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.
Hindustan Petroleum - P/B ratio (from 2018 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 1.25 | 7.18% |
| 2022-12-31 | 1.17 | 7.83% |
| 2021-12-31 | 1.08 | 12.71% |
| 2020-12-31 | 0.9626 | -27.05% |
| 2019-12-31 | 1.32 | 1.81% |
| 2018-12-31 | 1.30 |