Ramco Cements
RAMCOCEM.NS
$9.57
Share price
1.06%
Change (1 day)
7.41%
Change (1 year)
Categories
Ramco Cements (RAMCOCEM.NS) - P/B ratio
P/B ratio as of April 2024 : 2.67
According to Ramco Cements
's latest financial reports the company has a price-to-book ratio of 2.67.
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.
Ramco Cements - P/B ratio (from 2012 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 3.42 | 39.97% |
| 2022-12-31 | 2.44 | -33.65% |
| 2021-12-31 | 3.68 | 4.47% |
| 2020-12-31 | 3.52 | -3.25% |
| 2019-12-31 | 3.64 | |
| 2017-12-31 | 4.95 | 21.62% |
| 2016-12-31 | 4.07 | 26.66% |
| 2015-12-31 | 3.21 | 3.23% |
| 2014-12-31 | 3.11 | 64.71% |
| 2013-12-31 | 1.89 | -28.78% |
| 2012-12-31 | 2.65 |