Mahindra & Mahindra
M&M.NS
$24.99
Share price
2.86%
Change (1 day)
68.85%
Change (1 year)
Categories
Mahindra & Mahindra (M&M.NS) - P/B ratio
P/B ratio as of April 2024 : 3.52
According to Mahindra & Mahindra's latest financial reports the company has a price-to-book ratio of 3.52.
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.
Mahindra & Mahindra - P/B ratio (from 2014 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 3.02 | 19.69% |
| 2022-12-31 | 2.52 | 26.4% |
| 2021-12-31 | 2.00 | 8.73% |
| 2020-12-31 | 1.84 | 38.44% |
| 2019-12-31 | 1.33 | -35.78% |
| 2018-12-31 | 2.07 | |
| 2015-12-31 | 2.42 | -1.61% |
| 2014-12-31 | 2.46 |