Kitex Garments (KITEX.NS)

P/B ratio as of November 2024 : 4.04

According to Kitex Garments's latest financial reports the company has a price-to-book ratio of 6.29432.
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.

Kitex Garments - P/B ratio (from 2012 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	1.52	9.93%
2022-12-31	1.38	-22.22%
2021-12-31	1.77	60.94%
2020-12-31	1.10	-1.47%
2019-12-31	1.12
2016-12-31	5.11	-54.19%
2015-12-31	11.2	-2.19%
2014-12-31	11.4	321.65%
2013-12-31	2.71	99.74%
2012-12-31	1.35

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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Kitex Garments (KITEX.NS) - P/B ratio