Orient Electric
ORIENTELEC.NS
$2.74
Share price
6.29%
Change (1 day)
1.51%
Change (1 year)
Categories
Orient Electric (ORIENTELEC.NS) - P/B ratio
P/B ratio as of May 2024 : 7.41
According to Orient Electric
's latest financial reports the company has a price-to-book ratio of 7.41.
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.
Orient Electric - P/B ratio (from 2018 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 7.86 | -22.75% |
| 2022-12-31 | 10.2 | -40.12% |
| 2021-12-31 | 17.0 | 25.47% |
| 2020-12-31 | 13.5 | 9.63% |
| 2019-12-31 | 12.4 | 4.55% |
| 2018-12-31 | 11.8 |