Nelco
NELCO.NS
$9.01
Share price
-1.37%
Change (1 day)
18.71%
Change (1 year)
Categories
Nelco (NELCO.NS) - P/B ratio
P/B ratio as of May 2024 : 14.0
According to Nelco's latest financial reports the company has a price-to-book ratio of 14.0.
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.
Nelco - P/B ratio (from 2007 to 2024)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2024-12-31 | N/A | -100% |
| 2023-12-31 | 16.3 | -4.44% |
| 2022-12-31 | 17.1 | -16.92% |
| 2021-12-31 | 20.6 | 205.83% |
| 2020-12-31 | 6.72 | -30.26% |
| 2019-12-31 | 9.64 | -22.48% |
| 2018-12-31 | 12.4 | 15.67% |
| 2017-12-31 | 10.7 | |
| 2015-12-31 | 37.4 | 189.7% |
| 2014-12-31 | 12.9 | 137.03% |
| 2013-12-31 | 5.45 | 55.07% |
| 2012-12-31 | 3.51 | |
| 2007-12-31 | 8.08 |