Shree Cement
SHREECEM.NS
$292.89
Share price
1.24%
Change (1 day)
-0.68%
Change (1 year)
Shree Cement (SHREECEM.NS) - P/B ratio
P/B ratio as of May 2024 : 4.50
According to Shree Cement
's latest financial reports the company has a price-to-book ratio of 4.50.
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.
Shree Cement - P/B ratio (from 2012 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 5.28 | 14.94% |
| 2022-12-31 | 4.60 | -22.25% |
| 2021-12-31 | 5.91 | -5.35% |
| 2020-12-31 | 6.25 | -11.08% |
| 2019-12-31 | 7.02 | |
| 2012-12-31 | 4.96 |