Bharat Dynamics (BDL.NS)

P/B ratio as of February 2026 : 10.7

According to Bharat Dynamics 's latest financial reports the company has a price-to-book ratio of 11.909.
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.

Bharat Dynamics - P/B ratio (from 2018 to 2025)

P/B ratio by year

Year	P/B ratio	Change
2025-12-31	12.8	10.81%
2024-12-31	11.6	24.27%
2023-12-31	9.31	71.06%
2022-12-31	5.44	105.15%
2021-12-31	2.65	6.24%
2020-12-31	2.50	11.72%
2019-12-31	2.24	-11.13%
2018-12-31	2.52
2017-12-31	N/A

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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Bharat Dynamics (BDL.NS) - P/B ratio