According to Larsen & Toubro
's latest financial reports the company has a price-to-book ratio of 5.52.
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 |
---|---|---|
2023-12-31 | 5.18 | 70.82% |
2022-12-31 | 3.03 | 1.63% |
2021-12-31 | 2.98 | 34.77% |
2020-12-31 | 2.21 | -11.06% |
2019-12-31 | 2.49 | -25.69% |
2018-12-31 | 3.35 | 2.46% |
2017-12-31 | 3.27 | 30.66% |
2016-12-31 | 2.50 | -3.16% |
2015-12-31 | 2.58 | -16.88% |
2014-12-31 | 3.11 |