According to RITES
's latest financial reports the company has a price-to-book ratio of 6.18.
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.
Year | P/B ratio | Change |
---|---|---|
2023-12-31 | 4.48 | 50.42% |
2022-12-31 | 2.98 | 21.65% |
2021-12-31 | 2.45 | 3.39% |
2020-12-31 | 2.37 | -9.92% |
2019-12-31 | 2.63 | 17.04% |
2018-12-31 | 2.24 | |
2017-12-31 | N/A |