Indian Bank
INDIANB.NS
$6.70
Share price
6.17%
Change (1 day)
70.05%
Change (1 year)
Categories
Indian Bank, is an Indian financial service company with headquarters in Chennai, India. The company provides baking services to over 100 million customers.
Indian Bank (INDIANB.NS) - P/B ratio
P/B ratio as of April 2024 : 1.32
According to Indian Bank
's latest financial reports the company has a price-to-book ratio of 1.32.
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.
Indian Bank - P/B ratio (from 2019 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 1.06 | 44.26% |
| 2022-12-31 | 0.7352 | 84.42% |
| 2021-12-31 | 0.3987 | 53.2% |
| 2020-12-31 | 0.2602 | 1.28% |
| 2019-12-31 | 0.2569 |