Endurance Technologies (ENDURANCE.NS)

P/B ratio as of November 2024 : 6.17

According to Endurance Technologies 's latest financial reports the company has a price-to-book ratio of 3.11793.
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.

Endurance Technologies - P/B ratio (from 2017 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	5.92	24.96%
2022-12-31	4.74	-26.25%
2021-12-31	6.43	7.22%
2020-12-31	5.99	11.42%
2019-12-31	5.38	-31.23%
2018-12-31	7.82	-22.19%
2017-12-31	10.1	103.25%
2016-12-31	4.95

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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Endurance Technologies (ENDURANCE.NS) - P/B ratio