Nerolac Paints
KANSAINER.NS
$3.36
Share price
0.21%
Change (1 day)
-27.74%
Change (1 year)
Categories
Nerolac Paints (KANSAINER.NS) - P/B ratio
P/B ratio as of April 2024 : 4.23
According to Nerolac Paints's latest financial reports the company has a price-to-book ratio of 4.23.
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.
Nerolac Paints - P/B ratio (from 2012 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 5.05 | -5.35% |
| 2022-12-31 | 5.33 | -31.65% |
| 2021-12-31 | 7.80 | -9.94% |
| 2020-12-31 | 8.67 | 13.22% |
| 2019-12-31 | 7.65 | |
| 2013-12-31 | 4.28 | -13.65% |
| 2012-12-31 | 4.95 |