RITES
RITES.NS
HK$20.33
Share price
-3.15%
Change (1 day)
-37.12%
Change (1 year)
Categories
RITES (RITES.NS) - P/B ratio
P/B ratio as of March 2025 : 3.91
According to RITES
's latest financial reports the company has a price-to-book ratio of 4.72594.
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.
RITES - P/B ratio (from 2019 to 2024)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2024-12-31 | 4.90 | 9.15% |
| 2023-12-31 | 4.49 | 50.68% |
| 2022-12-31 | 2.98 | 21.65% |
| 2021-12-31 | 2.45 | 3.39% |
| 2020-12-31 | 2.37 | -9.92% |
| 2019-12-31 | 2.63 | 17.02% |
| 2018-12-31 | 2.25 | |
| 2017-12-31 | N/A |