Linde India (LINDEINDIA.NS)

P/B ratio as of November 2024 : 18.3

According to Linde India's latest financial reports the company has a price-to-book ratio of 23.5152.
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.

Linde India - P/B ratio (from 2011 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	15.0	52.22%
2022-12-31	9.83	25.67%
2021-12-31	7.82	111.04%
2020-12-31	3.71	42.55%
2019-12-31	2.60
2016-12-31	2.10	8.27%
2015-12-31	1.94	-28.83%
2014-12-31	2.72	38.66%
2013-12-31	1.96	-18.67%
2012-12-31	2.41	32.85%
2011-12-31	1.82

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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Linde India (LINDEINDIA.NS) - P/B ratio