Ratnamani Metals & Tubes
RATNAMANI.NS
$38.97
Share price
3.20%
Change (1 day)
36.39%
Change (1 year)
Ratnamani Metals & Tubes (RATNAMANI.NS) - P/B ratio
P/B ratio as of May 2024 : 7.61
According to Ratnamani Metals & Tubes's latest financial reports the company has a price-to-book ratio of 7.61.
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.
Ratnamani Metals & Tubes - P/B ratio (from 2012 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 8.14 | 42.59% |
| 2022-12-31 | 5.71 | 28.64% |
| 2021-12-31 | 4.44 | 7.95% |
| 2020-12-31 | 4.11 | 30.51% |
| 2019-12-31 | 3.15 | |
| 2015-12-31 | 2.55 | -30.41% |
| 2014-12-31 | 3.67 | 319.6% |
| 2013-12-31 | 0.8750 | -18.15% |
| 2012-12-31 | 1.07 |