Tata Power
TATAPOWER.NS
#1196
Rank
NZ$26.30 B
Marketcap
$8.23
Share price
-0.01%
Change (1 day)
58.85%
Change (1 year)

Tata Power (TATAPOWER.NS) - P/B ratio

P/B ratio as of November 2024 : 3.24

According to Tata Power 's latest financial reports the company has a price-to-book ratio of 2.06286.
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.

Tata Power - P/B ratio (from 2012 to 2024)

P/B ratio by year

Year P/B ratio Change
2024-12-31N/A-100%
2023-12-312.9635.5%
2022-12-312.19-24.2%
2021-12-312.89187.24%
2020-12-311.0036.2%
2019-12-310.7376-29.45%
2018-12-311.05-33.84%
2017-12-311.5843.18%
2016-12-311.1015.17%
2015-12-310.9583-7.71%
2014-12-311.04-21.39%
2013-12-311.32-14.15%
2012-12-311.54