Ipca Laboratories
IPCALAB.NS
$16.06
Share price
0.76%
Change (1 day)
87.84%
Change (1 year)
Categories
Ipca Laboratories (IPCALAB.NS) - P/B ratio
P/B ratio as of April 2024 : 4.47
According to Ipca Laboratories
's latest financial reports the company has a price-to-book ratio of 4.47.
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.
Ipca Laboratories - P/B ratio (from 2019 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 3.73 | 3.73% |
| 2022-12-31 | 3.60 | -30.01% |
| 2021-12-31 | 5.14 | -19.73% |
| 2020-12-31 | 6.40 | 54.11% |
| 2019-12-31 | 4.15 |