Spandana Sphoorty Financial
SPANDANA.NS
#5680
Rank
$0.67 B
Marketcap
$9.44
Share price
0.88%
Change (1 day)
22.16%
Change (1 year)

Spandana Sphoorty Financial (SPANDANA.NS) - P/B ratio

P/B ratio as of May 2024 : 1.53

According to Spandana Sphoorty Financial's latest financial reports the company has a price-to-book ratio of 1.53.
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.

Spandana Sphoorty Financial - P/B ratio (from 2019 to 2024)

P/B ratio by year

Year P/B ratio Change
2024-12-31N/A-100%
2023-12-312.4069.88%
2022-12-311.4232.36%
2021-12-311.07-39.7%
2020-12-311.77-44.3%
2019-12-313.18