Astral Poly Technik (ASTRAL.NS)

P/B ratio as of October 2024 : 15.5

According to Astral Poly Technik 's latest financial reports the company has a price-to-book ratio of 15.5.
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.

Astral Poly Technik - P/B ratio (from 2007 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	16.6	10.72%
2022-12-31	15.0	-30.74%
2021-12-31	21.6	29.71%
2020-12-31	16.7	34.51%
2019-12-31	12.4	4.74%
2018-12-31	11.8	5.8%
2017-12-31	11.2	87.06%
2016-12-31	5.97	-21.16%
2015-12-31	7.58
2012-12-31	1.89
2007-12-31	3.87
2006-12-31	N/A

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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Astral Poly Technik (ASTRAL.NS) - P/B ratio