According to Carel Industries's latest financial reports the company has a price-to-book ratio of 3.29167.
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.
Year | P/B ratio | Change |
---|---|---|
2023-12-31 | 7.04 | -33.32% |
2022-12-31 | 10.6 | -32.54% |
2021-12-31 | 15.6 | 30.4% |
2020-12-31 | 12.0 | |
2019-12-31 | N/A | |
2018-12-31 | N/A |