According to Tata Consultancy Services's latest financial reports the company has a price-to-book ratio of 13.2.
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.
Year | P/B ratio | Change |
---|---|---|
2022-12-31 | 11.2 | -15.66% |
2021-12-31 | 13.2 | -0.69% |
2020-12-31 | 13.3 | 37.26% |
2019-12-31 | 9.70 | 14.2% |
2018-12-31 | 8.49 | 31.59% |
2017-12-31 | 6.45 | 13.65% |
2016-12-31 | 5.68 | -27.12% |
2015-12-31 | 7.79 | -20.68% |
2014-12-31 | 9.82 | 1.4% |
2013-12-31 | 9.69 | 46.15% |
2012-12-31 | 6.63 |