Safari Industries India (SAFARI.NS)

P/B ratio as of October 2024 : 15.4

According to Safari Industries India's latest financial reports the company has a price-to-book ratio of 15.4.
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.

Safari Industries India - P/B ratio (from 2019 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	18.1	62.74%
2022-12-31	11.1	62.26%
2021-12-31	6.85	18.32%
2020-12-31	5.79	-8.73%
2019-12-31	6.34
2015-12-31	N/A
2014-12-31	N/A	-100%
2013-12-31	7.89	33.25%
2012-12-31	5.92

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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Safari Industries India (SAFARI.NS) - P/B ratio