Reliance Communications
RCOM.NS
$0.02000
Share price
0.00%
Change (1 day)
0.00%
Change (1 year)
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Reliance Communications (RCOM.NS) - P/B ratio
P/B ratio as of May 2024 : -0.0058
According to Reliance Communications
's latest financial reports the company has a price-to-book ratio of -0.0058.
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.
Reliance Communications - P/B ratio (from 2012 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | -0.0080 | 0.57% |
| 2022-12-31 | -0.0080 | -57.86% |
| 2021-12-31 | -0.0189 | 71.76% |
| 2020-12-31 | -0.0110 | 66.06% |
| 2019-12-31 | -0.0066 | -100.68% |
| 2018-12-31 | 0.9706 | 136.8% |
| 2017-12-31 | 0.4099 | 52.38% |
| 2016-12-31 | 0.2690 | -52.83% |
| 2015-12-31 | 0.5702 | 16.55% |
| 2014-12-31 | 0.4892 | -28.14% |
| 2013-12-31 | 0.6808 | 40.36% |
| 2012-12-31 | 0.4850 |