Indoco Remedies
INDOCO.NS
$3.92
Share price
-0.47%
Change (1 day)
-1.01%
Change (1 year)
Categories
Indoco Remedies (INDOCO.NS) - P/B ratio
P/B ratio as of April 2024 : 2.82
According to Indoco Remedies
's latest financial reports the company has a price-to-book ratio of 2.82.
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.
Indoco Remedies - P/B ratio (from 2019 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 3.40 | -10.7% |
| 2022-12-31 | 3.80 | -23.82% |
| 2021-12-31 | 4.99 | 26.88% |
| 2020-12-31 | 3.94 | 50.34% |
| 2019-12-31 | 2.62 |