Rain Industries
RAIN.NS
$2.13
Share price
-0.95%
Change (1 day)
7.04%
Change (1 year)
Categories
Rain Industries (RAIN.NS) - P/B ratio
P/B ratio as of April 2024 : 0.7754
According to Rain Industries's latest financial reports the company has a price-to-book ratio of 0.7754.
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.
Rain Industries - P/B ratio (from 2012 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 0.6690 | 2.23% |
| 2022-12-31 | 0.6544 | -48.37% |
| 2021-12-31 | 1.27 | 69.94% |
| 2020-12-31 | 0.7458 | 15.94% |
| 2019-12-31 | 0.6433 | -32.1% |
| 2018-12-31 | 0.9474 | -69.18% |
| 2017-12-31 | 3.07 | 439.47% |
| 2016-12-31 | 0.5698 | 39.59% |
| 2015-12-31 | 0.4082 | -18.8% |
| 2014-12-31 | 0.5027 | 36.49% |
| 2013-12-31 | 0.3683 | -30.31% |
| 2012-12-31 | 0.5285 | |
| 2011-12-31 | N/A |