According to Indian Energy Exchange
's latest financial reports the company has a price-to-book ratio of 16.1.
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.
Year | P/B ratio | Change |
---|---|---|
2023-12-31 | 17.1 | 4.49% |
2022-12-31 | 16.4 | -52.89% |
2021-12-31 | 34.8 | 140.1% |
2020-12-31 | 14.5 | 34.05% |
2019-12-31 | 10.8 | -40.48% |
2018-12-31 | 18.2 | 12.48% |
2017-12-31 | 16.2 |