Rural Electrification Corp
RECLTD.NS
#1178
Rank
NZ$26.90 B
Marketcap
$10.22
Share price
-2.67%
Change (1 day)
61.96%
Change (1 year)

Rural Electrification Corp (RECLTD.NS) - P/B ratio

P/B ratio as of November 2024 : 1.83

According to Rural Electrification Corp's latest financial reports the company has a price-to-book ratio of 6.96655.
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.

Rural Electrification Corp - P/B ratio (from 2019 to 2024)

P/B ratio by year

Year P/B ratio Change
2024-12-31N/A-100%
2023-12-311.67196.82%
2022-12-310.56162.26%
2021-12-310.5492-12.55%
2020-12-310.6280-13.86%
2019-12-310.7290