Laurus Labs
LAURUSLABS.NS
$5.24
Share price
2.59%
Change (1 day)
46.78%
Change (1 year)
Categories
Laurus Labs (LAURUSLABS.NS) - P/B ratio
P/B ratio as of April 2024 : 5.80
According to Laurus Labs
's latest financial reports the company has a price-to-book ratio of 5.80.
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.
Laurus Labs - P/B ratio (from 2017 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 5.73 | 8.49% |
| 2022-12-31 | 5.28 | -45.19% |
| 2021-12-31 | 9.63 | 10.08% |
| 2020-12-31 | 8.75 | 271.86% |
| 2019-12-31 | 2.35 | -16.23% |
| 2018-12-31 | 2.81 | -32.94% |
| 2017-12-31 | 4.19 |