Sterlite Technologies (STLTECH.NS)

P/B ratio as of October 2024 : 2.95

According to Sterlite Technologies 's latest financial reports the company has a price-to-book ratio of 2.95.
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.

Sterlite Technologies - P/B ratio (from 2015 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	2.67	-22.36%
2022-12-31	3.44	-34.68%
2021-12-31	5.26	33.72%
2020-12-31	3.93	57.12%
2019-12-31	2.50	-71.41%
2018-12-31	8.76	-23.9%
2017-12-31	11.5	154.25%
2016-12-31	4.53	-19.71%
2015-12-31	5.64

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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Sterlite Technologies (STLTECH.NS) - P/B ratio