Mahindra CIE
MAHINDCIE.NS
$6.14
Share price
0.00%
Change (1 day)
30.64%
Change (1 year)
Categories
Mahindra CIE (MAHINDCIE.NS) - P/B ratio
P/B ratio as of April 2024 : 3.41
According to Mahindra CIE's latest financial reports the company has a price-to-book ratio of 3.41.
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.
Mahindra CIE - P/B ratio (from 2018 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 3.41 | 33.3% |
| 2022-12-31 | 2.56 | 49.37% |
| 2021-12-31 | 1.71 | 29.2% |
| 2020-12-31 | 1.33 | -1.55% |
| 2019-12-31 | 1.35 | -40.34% |
| 2018-12-31 | 2.26 |