Polycab India
POLYCAB.NS
$70.69
Share price
1.11%
Change (1 day)
74.29%
Change (1 year)
Polycab India (POLYCAB.NS) - P/B ratio
P/B ratio as of May 2024 : 12.1
According to Polycab India
's latest financial reports the company has a price-to-book ratio of 12.1.
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.
Polycab India - P/B ratio (from 2019 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 11.4 | 84.39% |
| 2022-12-31 | 6.16 | -12.34% |
| 2021-12-31 | 7.03 | 104.32% |
| 2020-12-31 | 3.44 | -16.86% |
| 2019-12-31 | 4.14 | |
| 2018-12-31 | N/A |