Oil India
OIL.NS
Oil India (OIL.NS) - P/B ratio
P/B ratio as of April 2024 : 1.55
According to Oil India
's latest financial reports the company has a price-to-book ratio of 1.55.
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.
Oil India - P/B ratio (from 2011 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 0.9183 | 65.64% |
| 2022-12-31 | 0.5544 | -22.18% |
| 2021-12-31 | 0.7124 | 67.63% |
| 2020-12-31 | 0.4250 | -22.49% |
| 2019-12-31 | 0.5483 | |
| 2011-12-31 | 1.50 |