Mindtree (MINDTREE.NS) - P/B ratio

P/B ratio as of December 2024 : 10.0

According to Mindtree's latest financial reports the company has a price-to-book ratio of 4.46759.
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.

Mindtree - P/B ratio (from 2013 to 2022)

P/B ratio by year

Year	P/B ratio	Change
2022-12-31	9.87	-37.25%
2021-12-31	15.7	128.6%
2020-12-31	6.88	65.13%
2019-12-31	4.16	-7.02%
2018-12-31	4.48	16.32%
2017-12-31	3.85	13.66%
2016-12-31	3.39	-33.82%
2015-12-31	5.12	-16.75%
2014-12-31	6.15	51.37%
2013-12-31	4.06

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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