Cipla (CIPLA.NS) - P/B ratio

P/B ratio as of September 2024 : 4.97

According to Cipla's latest financial reports the company has a price-to-book ratio of 4.97.
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.

Cipla - 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	4.01	4.06%
2022-12-31	3.85	-0.11%
2021-12-31	3.86	0.39%
2020-12-31	3.84	59.65%
2019-12-31	2.41	-16.83%
2018-12-31	2.89	-20.85%
2017-12-31	3.66	4.11%
2016-12-31	3.51	-18.83%
2015-12-31	4.33	-6%
2014-12-31	4.60	40.86%
2013-12-31	3.27

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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