ABB India (ABB.NS)

P/B ratio as of November 2024 : 23.3

According to ABB India 's latest financial reports the company has a price-to-book ratio of 12.9912.
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.

ABB India - P/B ratio (from 2013 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	16.7	44.93%
2022-12-31	11.5	-1.65%
2021-12-31	11.7	64.37%
2020-12-31	7.12	-7.86%
2019-12-31	7.73	9.75%
2018-12-31	7.04	-14.05%
2017-12-31	8.20	22.28%
2016-12-31	6.70	-14.63%
2015-12-31	7.85	-19.01%
2014-12-31	9.69	76.78%
2013-12-31	5.48

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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ABB India (ABB.NS) - P/B ratio