Alkem Laboratories (ALKEM.NS)

P/B ratio as of September 2024 : 6.75

According to Alkem Laboratories 's latest financial reports the company has a price-to-book ratio of 6.75.
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.

Alkem Laboratories - P/B ratio (from 2016 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	6.08	61.28%
2022-12-31	3.77	-25.42%
2021-12-31	5.06	2.68%
2020-12-31	4.93	23.98%
2019-12-31	3.97	-12.47%
2018-12-31	4.54	-18.37%
2017-12-31	5.56	24.95%
2016-12-31	4.45	-14.64%
2015-12-31	5.21

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Alkem Laboratories (ALKEM.NS) - P/B ratio