According to Kaival Brands Innovations's latest financial reports the company has a price-to-book ratio of 1.16.
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.
Year | P/B ratio | Change |
---|---|---|
2024-12-31 | N/A | -100% |
2023-12-31 | 0.8697 | -83.09% |
2022-12-31 | 5.14 | 297.7% |
2021-12-31 | 1.29 | -95.21% |
2020-12-31 | 27.0 | -111.84% |
2019-12-31 | -228 |