According to Powergrid Corporation of India
's latest financial reports the company has a price-to-book ratio of 3.12.
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.
Year | P/B ratio | Change |
---|---|---|
2023-12-31 | 2.53 | 41.93% |
2022-12-31 | 1.79 | -2.66% |
2021-12-31 | 1.83 | 23.94% |
2020-12-31 | 1.48 | -5.88% |
2019-12-31 | 1.57 | |
2007-12-31 | 5.60 |