According to Adani Energy Solutions's latest financial reports the company has a price-to-book ratio of 3.93965.
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 |
---|---|---|
2024-12-31 | 4.35 | -52.36% |
2023-12-31 | 9.13 | -62.62% |
2022-12-31 | 24.4 | 38.14% |
2021-12-31 | 17.7 | 242.66% |
2020-12-31 | 5.16 | 32.55% |
2019-12-31 | 3.89 | 33.31% |
2018-12-31 | 2.92 | -65.11% |
2017-12-31 | 8.37 | 287.21% |
2016-12-31 | 2.16 | 34.2% |
2015-12-31 | 1.61 |