Hindustan Oil Exploration Company
HINDOILEXP.NS
Hindustan Oil Exploration Company (HINDOILEXP.NS) - P/B ratio
P/B ratio as of April 2024 : 2.50
According to Hindustan Oil Exploration Company's latest financial reports the company has a price-to-book ratio of 2.50.
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.
Hindustan Oil Exploration Company - P/B ratio (from 2019 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 2.21 | -1.05% |
| 2022-12-31 | 2.23 | -29.42% |
| 2021-12-31 | 3.16 | 92.87% |
| 2020-12-31 | 1.64 | -15.07% |
| 2019-12-31 | 1.93 |