According to Larsen & Toubro Infotech's latest financial reports the company has a price-to-book ratio of 9.64.
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 |
---|---|---|
2022-12-31 | 9.47 | -39.39% |
2021-12-31 | 15.6 | 63.75% |
2020-12-31 | 9.54 | 65.31% |
2019-12-31 | 5.77 | -15.37% |
2018-12-31 | 6.82 | 30.68% |
2017-12-31 | 5.22 | 18.08% |
2016-12-31 | 4.42 |