Hester Biosciences (HESTERBIO.NS)

P/B ratio as of September 2024 : 6.79

According to Hester Biosciences 's latest financial reports the company has a price-to-book ratio of 6.79.
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.

Hester Biosciences - P/B ratio (from 2019 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	4.26	-23.16%
2022-12-31	5.54	-35.51%
2021-12-31	8.60	25.93%
2020-12-31	6.83	5.23%
2019-12-31	6.49
2013-12-31	1.15
2012-12-31	N/A

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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Hester Biosciences (HESTERBIO.NS) - P/B ratio