Powergrid Corporation of India
POWERGRID.NS
#555
Rank
NZ$60.01 B
Marketcap
$6.45
Share price
0.18%
Change (1 day)
59.35%
Change (1 year)

Powergrid Corporation of India (POWERGRID.NS) - P/B ratio

P/B ratio as of September 2024 : 3.55

According to Powergrid Corporation of India 's latest financial reports the company has a price-to-book ratio of 3.55.
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.

Powergrid Corporation of India - P/B ratio (from 2019 to 2024)

P/B ratio by year

Year P/B ratio Change
2024-12-31N/A-100%
2023-12-312.5442.32%
2022-12-311.78-2.53%
2021-12-311.8323.91%
2020-12-311.48-6.48%
2019-12-311.58
2007-12-315.59