Indorama Synthetics (INDORAMA.NS)

P/B ratio as of November 2024 : 2.99

According to Indorama Synthetics's latest financial reports the company has a price-to-book ratio of 0.271854.
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.

Indorama Synthetics - P/B ratio (from 2012 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	2.68	11.9%
2022-12-31	2.39	-37.39%
2021-12-31	3.82	-54.83%
2020-12-31	8.46	485.96%
2019-12-31	1.44	8.03%
2018-12-31	1.34	-0.18%
2017-12-31	1.34
2013-12-31	0.3985	-32.65%
2012-12-31	0.5916

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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Indorama Synthetics (INDORAMA.NS) - P/B ratio