Century Textiles and Industries (CENTURYTEX.NS)

P/B ratio as of November 2024 : 7.23

According to Century Textiles and Industries's latest financial reports the company has a price-to-book ratio of 6.83602.
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.

Century Textiles and Industries - P/B ratio (from 2009 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	3.49	73.85%
2022-12-31	2.01	-25.71%
2021-12-31	2.70	107.09%
2020-12-31	1.30	-15.32%
2019-12-31	1.54	-57.88%
2018-12-31	3.66	-43.13%
2017-12-31	6.43	82.99%
2016-12-31	3.51	17.48%
2015-12-31	2.99	23.71%
2014-12-31	2.42	47.82%
2013-12-31	1.64	-17.45%
2012-12-31	1.98	118.56%
2011-12-31	0.9067	-55.55%
2010-12-31	2.04	-43.34%
2009-12-31	3.60

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Century Textiles and Industries (CENTURYTEX.NS) - P/B ratio