Honda Siel Power Products (HONDAPOWER.NS)

P/B ratio as of November 2024 : 3.68

According to Honda Siel Power Products's latest financial reports the company has a price-to-book ratio of 3.23388.
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.

Honda Siel Power Products - 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	3.16	-0.26%
2022-12-31	3.17	50.53%
2021-12-31	2.10	11.66%
2020-12-31	1.88	-16.49%
2019-12-31	2.26	-2.5%
2018-12-31	2.31	-36.53%
2017-12-31	3.64	-2.87%
2016-12-31	3.75	-6.23%
2015-12-31	4.00	40.04%
2014-12-31	2.86	69.97%
2013-12-31	1.68	-26.66%
2012-12-31	2.29

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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Honda Siel Power Products (HONDAPOWER.NS) - P/B ratio