Indian Bank
INDIANB.NS
#1856
Rank
NZ$15.00 B
Marketcap
$11.14
Share price
-2.38%
Change (1 day)
29.15%
Change (1 year)
Indian Bank, is an Indian financial service company with headquarters in Chennai, India. The company provides baking services to over 100 million customers.

Indian Bank (INDIANB.NS) - P/B ratio

P/B ratio as of November 2024 : 1.13

According to Indian Bank 's latest financial reports the company has a price-to-book ratio of 2.23428.
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.

Indian Bank - P/B ratio (from 2019 to 2024)

P/B ratio by year

Year P/B ratio Change
2024-12-31N/A-100%
2023-12-311.0644.51%
2022-12-310.735284.42%
2021-12-310.398753.2%
2020-12-310.26021.28%
2019-12-310.2569