HEG (HEG.NS) - P/B ratio

P/B ratio as of September 2024 : 1.97

According to HEG's latest financial reports the company has a price-to-book ratio of 1.97.
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.

HEG - 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	1.70	76.81%
2022-12-31	0.9595	-48.76%
2021-12-31	1.87	82.87%
2020-12-31	1.02	0.48%
2019-12-31	1.02	-86.03%
2018-12-31	7.29	-26.65%
2017-12-31	9.94

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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