According to TVS Motor's latest financial reports the company has a price-to-book ratio of 3.17259.
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.
Year | P/B ratio | Change |
---|---|---|
2024-12-31 | 13.1 | -4.91% |
2023-12-31 | 13.8 | 48.01% |
2022-12-31 | 9.32 | 40.06% |
2021-12-31 | 6.65 | 4.39% |
2020-12-31 | 6.37 | 4.64% |
2019-12-31 | 6.09 |