Texmaco Rail & Engineering (TEXRAIL.NS)

P/B ratio as of October 2024 : 2.96

According to Texmaco Rail & Engineering's latest financial reports the company has a price-to-book ratio of 2.96.
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.

Texmaco Rail & Engineering - P/B ratio (from 2012 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	4.61	239.73%
2022-12-31	1.36	46.54%
2021-12-31	0.9261	26.93%
2020-12-31	0.7296	11.27%
2019-12-31	0.6557
2016-12-31	2.26	-36.11%
2015-12-31	3.54	-24.71%
2014-12-31	4.70	249.67%
2013-12-31	1.35	29.68%
2012-12-31	1.04

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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Texmaco Rail & Engineering (TEXRAIL.NS) - P/B ratio