Rural Electrification Corp
RECLTD.NS
$6.64
Share price
9.22%
Change (1 day)
297.60%
Change (1 year)
Rural Electrification Corp (RECLTD.NS) - P/B ratio
P/B ratio as of May 2024 : 2.23
According to Rural Electrification Corp's latest financial reports the company has a price-to-book ratio of 2.23.
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.
Rural Electrification Corp - P/B ratio (from 2019 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 1.67 | 196.81% |
| 2022-12-31 | 0.5616 | 2.26% |
| 2021-12-31 | 0.5492 | -12.55% |
| 2020-12-31 | 0.6280 | -13.86% |
| 2019-12-31 | 0.7290 |