Indus Towers
INDUSTOWER.NS
$4.21
Share price
2.03%
Change (1 day)
152.10%
Change (1 year)
Categories
Indus Towers (INDUSTOWER.NS) - P/B ratio
P/B ratio as of April 2024 : 3.90
According to Indus Towers
's latest financial reports the company has a price-to-book ratio of 3.90.
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.
Indus Towers - P/B ratio (from 2013 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 2.26 | -8.47% |
| 2022-12-31 | 2.47 | -24.86% |
| 2021-12-31 | 3.29 | -27.73% |
| 2020-12-31 | 4.55 | 25.85% |
| 2019-12-31 | 3.61 | 5% |
| 2018-12-31 | 3.44 | -18.98% |
| 2017-12-31 | 4.25 | 12.74% |
| 2016-12-31 | 3.77 | -15.38% |
| 2015-12-31 | 4.45 | 27.03% |
| 2014-12-31 | 3.50 | 105.97% |
| 2013-12-31 | 1.70 | -26.98% |
| 2012-12-31 | 2.33 |