Indian Oil
IOC.NS
Indian Oil (IOC.NS) - P/B ratio
P/B ratio as of April 2024 : 1.41
According to Indian Oil's latest financial reports the company has a price-to-book ratio of 1.41.
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 Oil - P/B ratio (from 2018 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 1.04 | 27.4% |
| 2022-12-31 | 0.8195 | 1.09% |
| 2021-12-31 | 0.8107 | -1.56% |
| 2020-12-31 | 0.8236 | -19.29% |
| 2019-12-31 | 1.02 | -8.12% |
| 2018-12-31 | 1.11 |