Nectar Lifesciences
NECLIFE.NS
$0.41
Share price
-1.56%
Change (1 day)
86.36%
Change (1 year)
Categories
Nectar Lifesciences (NECLIFE.NS) - P/B ratio
P/B ratio as of April 2024 : 0.7356
According to Nectar Lifesciences
's latest financial reports the company has a price-to-book ratio of 0.7356.
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.
Nectar Lifesciences - P/B ratio (from 2019 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 0.6752 | 33.17% |
| 2022-12-31 | 0.5070 | -10.14% |
| 2021-12-31 | 0.5642 | 15.54% |
| 2020-12-31 | 0.4883 | 103.36% |
| 2019-12-31 | 0.2401 |