Praj Industries (PRAJIND.NS)

P/B ratio as of September 2024 : 10.8

According to Praj Industries 's latest financial reports the company has a price-to-book ratio of 10.8.
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.

Praj Industries - 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	9.19	32.25%
2022-12-31	6.95	-7.07%
2021-12-31	7.47	153.04%
2020-12-31	2.95	16.06%
2019-12-31	2.54	-14.72%
2018-12-31	2.98	-0.88%
2017-12-31	3.01	41.96%
2016-12-31	2.12	-16.71%
2015-12-31	2.55	52.15%
2014-12-31	1.67	24.64%
2013-12-31	1.34

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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Praj Industries (PRAJIND.NS) - P/B ratio