According to Punjab National Bank
's latest financial reports the company has a price-to-book ratio of 1.37.
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 | 0.9673 | 58.96% |
2022-12-31 | 0.6085 | 47.28% |
2021-12-31 | 0.4132 | 11.22% |
2020-12-31 | 0.3715 | -44.46% |
2019-12-31 | 0.6689 |