Tata Steel
TATASTEEL.NS
#878
Rank
NZ$35.96 B
Marketcap
$2.88
Share price
-0.70%
Change (1 day)
8.77%
Change (1 year)

Tata Steel (TATASTEEL.NS) - P/B ratio

P/B ratio as of September 2024 : 2.01

According to Tata Steel's latest financial reports the company has a price-to-book ratio of 2.01.
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 Steel - P/B ratio (from 2012 to 2024)

P/B ratio by year

Year P/B ratio Change
2024-12-31N/A-100%
2023-12-311.9154.98%
2022-12-311.23-13.87%
2021-12-311.4329.93%
2020-12-311.1046.66%
2019-12-310.7494-22.54%
2018-12-310.9675-57.43%
2017-12-312.27132.65%
2016-12-310.976952.33%
2015-12-310.6413-21.7%
2014-12-310.8191-11.84%
2013-12-310.929110.65%
2012-12-310.8396