Tata Steel Long Products (TATASTLLP.NS)

P/B ratio as of September 2024 : 5.60

According to Tata Steel Long Products's latest financial reports the company has a price-to-book ratio of 5.60.
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.

Tata Steel Long Products - P/B ratio (from 2012 to 2023)

P/B ratio by year

Year	P/B ratio	Change
2023-12-31	5.60	354.02%
2022-12-31	1.23	14.27%
2021-12-31	1.08	-17.39%
2020-12-31	1.31	65.7%
2019-12-31	0.7888	-40.76%
2018-12-31	1.33	-22.96%
2017-12-31	1.73	69.05%
2016-12-31	1.02
2013-12-31	0.6531	77.67%
2012-12-31	0.3676

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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Tata Steel Long Products (TATASTLLP.NS) - P/B ratio