JTEKT India (JTEKTINDIA.NS)

P/B ratio as of December 2024 : 4.83

According to JTEKT India's latest financial reports the company has a price-to-book ratio of 1.74627.
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.

JTEKT India - P/B ratio (from 2012 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	5.06	-0.37%
2023-12-31	5.08	-3.14%
2022-12-31	5.25	45.89%
2021-12-31	3.60	-3.39%
2020-12-31	3.72	4.44%
2019-12-31	3.56
2017-12-31	5.48	118.09%
2016-12-31	2.51	-5.14%
2015-12-31	2.65	0.12%
2014-12-31	2.65	130.88%
2013-12-31	1.15	188.68%
2012-12-31	0.3972

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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JTEKT India (JTEKTINDIA.NS) - P/B ratio