SML MAHINDRA LIMITED (SMLMAH.NS)

P/B ratio as of April 2026 : 14.1

According to SML MAHINDRA LIMITED's latest financial reports the company has a price-to-book ratio of 2.20938.
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.

SML MAHINDRA LIMITED - P/B ratio (from 2012 to 2025)

P/B ratio by year

Year	P/B ratio	Change
2025-12-31	14.3	137.89%
2024-12-31	6.02	-27.67%
2023-12-31	8.32	33.38%
2022-12-31	6.24	31.99%
2021-12-31	4.73	99.54%
2020-12-31	2.37	18.81%
2019-12-31	1.99	-17.88%
2018-12-31	2.43	-29.99%
2017-12-31	3.47	-11.67%
2016-12-31	3.92	-23.8%
2015-12-31	5.15	35.12%
2014-12-31	3.81	148.58%
2013-12-31	1.53	-40.13%
2012-12-31	2.56

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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SML MAHINDRA LIMITED (SMLMAH.NS) - P/B ratio