Relaxo Footwear (RELAXO.NS)

P/B ratio as of September 2024 : 10.4

According to Relaxo Footwear's latest financial reports the company has a price-to-book ratio of 10.4.
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.

Relaxo Footwear - 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	12.0	-5.26%
2022-12-31	12.6	-37.27%
2021-12-31	20.2	36.38%
2020-12-31	14.8	16.89%
2019-12-31	12.6	13.49%
2018-12-31	11.1	-11.45%
2017-12-31	12.6	43.99%
2016-12-31	8.74	-37.78%
2015-12-31	14.0	33.15%
2014-12-31	10.5	89.53%
2013-12-31	5.56	18.07%
2012-12-31	4.71	165.03%
2011-12-31	1.78
2009-12-31	3.42

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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Relaxo Footwear (RELAXO.NS) - P/B ratio