Shriram Pistons & Rings
SHRIPISTON.NS
$24.56
Share price
-0.45%
Change (1 day)
75.18%
Change (1 year)
Categories
Shriram Pistons & Rings (SHRIPISTON.NS) - P/B ratio
P/B ratio as of April 2024 : 5.17
According to Shriram Pistons & Rings's latest financial reports the company has a price-to-book ratio of 5.17.
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.
Shriram Pistons & Rings - P/B ratio (from 2019 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 3.67 | 102.06% |
| 2022-12-31 | 1.81 | 14.08% |
| 2021-12-31 | 1.59 | 23.97% |
| 2020-12-31 | 1.28 | -10.65% |
| 2019-12-31 | 1.44 |