Tamil Nadu Newsprint and Papers Limited
TNPL.NS
$3.23
Share price
-1.98%
Change (1 day)
8.07%
Change (1 year)
Categories
Tamil Nadu Newsprint and Papers Limited (TNPL.NS) - P/B ratio
P/B ratio as of May 2024 : 0.9167
According to Tamil Nadu Newsprint and Papers Limited
's latest financial reports the company has a price-to-book ratio of 0.9167.
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.
Tamil Nadu Newsprint and Papers Limited - P/B ratio (from 2011 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 1.00 | 8.25% |
| 2022-12-31 | 0.9240 | 71.27% |
| 2021-12-31 | 0.5395 | 3.48% |
| 2020-12-31 | 0.5214 | -24.15% |
| 2019-12-31 | 0.6873 | -41.1% |
| 2018-12-31 | 1.17 | -42.82% |
| 2017-12-31 | 2.04 | 42.55% |
| 2016-12-31 | 1.43 | 5.34% |
| 2015-12-31 | 1.36 | 81.19% |
| 2014-12-31 | 0.7500 | -2.36% |
| 2013-12-31 | 0.7682 | 5.96% |
| 2012-12-31 | 0.7250 | 31.35% |
| 2011-12-31 | 0.5520 |