Cigniti Technologies (CIGNITITEC.NS)

P/B ratio as of December 2024 : 6.22

According to Cigniti Technologies 's latest financial reports the company has a price-to-book ratio of 2.65514.
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.

Cigniti Technologies - P/B ratio (from 2015 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	6.24	42.88%
2023-12-31	4.37	51.03%
2022-12-31	2.89	-22.01%
2021-12-31	3.71	8.66%
2020-12-31	3.41	-9.91%
2019-12-31	3.79	-67.65%
2018-12-31	11.7	-141.61%
2017-12-31	-28.1	-1190.75%
2016-12-31	2.58	-29.35%
2015-12-31	3.65	-47.28%
2014-12-31	6.93
2013-12-31	N/A
2012-12-31	N/A

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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Cigniti Technologies (CIGNITITEC.NS) - P/B ratio