National Mineral Development Corporation
NMDC.NS
National Mineral Development Corporation (NMDC.NS) - P/B ratio
P/B ratio as of April 2024 : 3.07
According to National Mineral Development Corporation's latest financial reports the company has a price-to-book ratio of 3.07.
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.
National Mineral Development Corporation - P/B ratio (from 2012 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 2.50 | 44.69% |
| 2022-12-31 | 1.73 | 57.01% |
| 2021-12-31 | 1.10 | -9.95% |
| 2020-12-31 | 1.22 | -12.37% |
| 2019-12-31 | 1.40 | |
| 2013-12-31 | 1.80 | -27.92% |
| 2012-12-31 | 2.49 |