Finolex Cables (FINCABLES.NS)

P/B ratio as of November 2024 : 3.47

According to Finolex Cables 's latest financial reports the company has a price-to-book ratio of 3.40458.
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.

Finolex Cables - P/B ratio (from 2013 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	3.56	73.41%
2022-12-31	2.05	-9.14%
2021-12-31	2.26	30.48%
2020-12-31	1.73	-11.82%
2019-12-31	1.96
2016-12-31	3.48	24.95%
2015-12-31	2.79	-13.32%
2014-12-31	3.21	159.19%
2013-12-31	1.24

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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Finolex Cables (FINCABLES.NS) - P/B ratio