Abbott India (ABBOTINDIA.NS)

P/B ratio as of September 2024 : 16.0

According to Abbott India's latest financial reports the company has a price-to-book ratio of 16.0.
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.

Abbott India - P/B ratio (from 2011 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	15.6	-5.07%
2022-12-31	16.5	-3.84%
2021-12-31	17.1	14.72%
2020-12-31	14.9	15.32%
2019-12-31	12.9	37.91%
2018-12-31	9.38	15.34%
2017-12-31	8.13	3.92%
2016-12-31	7.82	-34.03%
2015-12-31	11.9	36.36%
2014-12-31	8.70	78.14%
2013-12-31	4.88	0.07%
2012-12-31	4.88	33.19%
2011-12-31	3.66

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Abbott India (ABBOTINDIA.NS) - P/B ratio