NTPC Limited
NTPC.NS
$4.27
Share price
-2.23%
Change (1 day)
100.47%
Change (1 year)
Categories
NTPC Limited (NTPC.NS) - P/B ratio
P/B ratio as of May 2024 : 2.23
According to NTPC Limited
's latest financial reports the company has a price-to-book ratio of 2.23.
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.
NTPC Limited - P/B ratio (from 2019 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 1.91 | 74.74% |
| 2022-12-31 | 1.09 | 20.93% |
| 2021-12-31 | 0.9038 | 14.64% |
| 2020-12-31 | 0.7884 | -22.83% |
| 2019-12-31 | 1.02 |