Spencer's Retail (SPENCERS.NS)

P/B ratio as of October 2024 : -2.15

According to Spencer's Retail 's latest financial reports the company has a price-to-book ratio of -2.15.
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.

Spencer's Retail - 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	-3.40	-84.74%
2022-12-31	-22.3	-433.69%
2021-12-31	6.68	116.08%
2020-12-31	3.09	151.87%
2019-12-31	1.23
2018-12-31	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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Spencer's Retail (SPENCERS.NS) - P/B ratio