Wheels India (WHEELS.NS)

P/B ratio as of September 2024 : 2.24

According to Wheels India's latest financial reports the company has a price-to-book ratio of 2.24.
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.

Wheels India - P/B ratio (from 2012 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	2.12	16.85%
2022-12-31	1.82	-14.08%
2021-12-31	2.11	15.96%
2020-12-31	1.82	-13.11%
2019-12-31	2.10
2016-12-31	3.21	-3.42%
2015-12-31	3.33	17.02%
2014-12-31	2.84	-3%
2013-12-31	2.93	93.23%
2012-12-31	1.52

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Wheels India (WHEELS.NS) - P/B ratio