Piramal Enterprises
PEL.NS
$11.11
Share price
1.96%
Change (1 day)
26.97%
Change (1 year)
Categories
Piramal Enterprises (PEL.NS) - P/B ratio
P/B ratio as of April 2024 : 0.7216
According to Piramal Enterprises
's latest financial reports the company has a price-to-book ratio of 0.7216.
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.
Piramal Enterprises - P/B ratio (from 2012 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 0.7277 | 14.97% |
| 2022-12-31 | 0.6329 | -63.92% |
| 2021-12-31 | 1.75 | 69.58% |
| 2020-12-31 | 1.03 | -10.24% |
| 2019-12-31 | 1.15 | -34.33% |
| 2018-12-31 | 1.75 | -48.01% |
| 2017-12-31 | 3.38 | 76.45% |
| 2016-12-31 | 1.91 | 38.08% |
| 2015-12-31 | 1.39 | 18.09% |
| 2014-12-31 | 1.17 | 30.46% |
| 2013-12-31 | 0.8992 | 21.24% |
| 2012-12-31 | 0.7417 |