According to Electrosteel Castings
's latest financial reports the company has a price-to-book ratio of 0.80057.
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 | 1.55 | 7.14% |
2023-12-31 | 1.44 | 170.31% |
2022-12-31 | 0.5336 | 31.99% |
2021-12-31 | 0.4043 | 44.02% |
2020-12-31 | 0.2807 | 49.35% |
2019-12-31 | 0.1879 |