Indian Oil (IOC.NS)

P/B ratio as of November 2024 : 1.03

According to Indian Oil's latest financial reports the company has a price-to-book ratio of 0.253052.
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.

Indian Oil - P/B ratio (from 2018 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	1.05	27.62%
2022-12-31	0.8195	1.09%
2021-12-31	0.8107	-1.56%
2020-12-31	0.8236	-19.29%
2019-12-31	1.02	-8.13%
2018-12-31	1.11

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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Indian Oil (IOC.NS) - P/B ratio