HCL Technologies (HCLTECH.NS)

P/B ratio as of November 2024 : 7.40

According to HCL Technologies 's latest financial reports the company has a price-to-book ratio of 4.46338.
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.

HCL Technologies - P/B ratio (from 2020 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	6.05	11236.28%
2022-12-31	0.0533	-99.09%
2021-12-31	5.87	9564.63%
2020-12-31	0.0608	-98.17%
2019-12-31	3.33	0.93%
2018-12-31	3.30	-14.75%
2017-12-31	3.87	-0.65%
2016-12-31	3.89	-16.15%
2015-12-31	4.64	-6.89%
2014-12-31	4.99

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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HCL Technologies (HCLTECH.NS) - P/B ratio