Endurance Technologies (ENDURANCE.NS)

P/B ratio as of September 2024 : 6.76

According to Endurance Technologies 's latest financial reports the company has a price-to-book ratio of 6.76.
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.

Endurance Technologies - P/B ratio (from 2017 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	5.92	25.1%
2022-12-31	4.73	-26.15%
2021-12-31	6.41	7.2%
2020-12-31	5.98	10.72%
2019-12-31	5.40	-31.3%
2018-12-31	7.86	-22.08%
2017-12-31	10.1	103.86%
2016-12-31	4.95

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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Endurance Technologies (ENDURANCE.NS) - P/B ratio