United Spirits (UNITDSPR.BO)

P/B ratio as of September 2024 : 15.2

According to United Spirits 's latest financial reports the company has a price-to-book ratio of 15.2.
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.

United Spirits - P/B ratio (from 2017 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	11.6	8.05%
2022-12-31	10.8	-27.16%
2021-12-31	14.8	27.74%
2020-12-31	11.6	-8.99%
2019-12-31	12.7	-28.33%
2018-12-31	17.7	-41.63%
2017-12-31	30.4

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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United Spirits (UNITDSPR.BO) - P/B ratio