India Nippon Electricals
INDNIPPON.NS
#8187
Rank
S$0.25 B
Marketcap
$11.26
Share price
-1.97%
Change (1 day)
30.20%
Change (1 year)

India Nippon Electricals (INDNIPPON.NS) - P/B ratio

P/B ratio as of December 2024 : 2.36

According to India Nippon Electricals's latest financial reports the company has a price-to-book ratio of 2.05419.
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.

India Nippon Electricals - P/B ratio (from 2012 to 2024)

P/B ratio by year

Year P/B ratio Change
2024-12-312.5221.9%
2023-12-312.0722%
2022-12-311.69-2.98%
2021-12-311.75-5.5%
2020-12-311.85-3.52%
2019-12-311.92
2014-12-312.34147.31%
2013-12-310.9480103.92%
2012-12-310.4649