Vedanta
VEDL.NS
#938
Rank
NZ$33.82 B
Marketcap
$8.67
Share price
0.32%
Change (1 day)
80.84%
Change (1 year)

Vedanta (VEDL.NS) - P/B ratio

P/B ratio as of September 2024 : 4.15

According to Vedanta's latest financial reports the company has a price-to-book ratio of 4.15.
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.

Vedanta - P/B ratio (from 2012 to 2024)

P/B ratio by year

Year P/B ratio Change
2024-12-31N/A-100%
2023-12-312.2943.01%
2022-12-311.60-1.29%
2021-12-311.6284.21%
2020-12-310.879621.05%
2019-12-310.7267-26.68%
2018-12-310.9911-40.01%
2017-12-311.65111.93%
2016-12-310.7795206.12%
2015-12-310.2547-47.17%
2014-12-310.4820172.79%
2013-12-310.1767-64.18%
2012-12-310.4932

P/B ratio for similar companies or competitors

Company P/B ratio differencediff. Country
3.96-4.45%๐Ÿ‡จ๐Ÿ‡ฆ Canada
0.7571-81.75%๐Ÿ‡บ๐Ÿ‡ธ USA
2.01-51.50%๐Ÿ‡บ๐Ÿ‡ธ USA
5.41 30.37%๐Ÿ‡บ๐Ÿ‡ธ USA