Tata Power
TATAPOWER.NS
$5.24
Share price
1.26%
Change (1 day)
116.53%
Change (1 year)
Categories
Tata Power (TATAPOWER.NS) - P/B ratio
P/B ratio as of April 2024 : 3.88
According to Tata Power
's latest financial reports the company has a price-to-book ratio of 3.88.
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.
Tata Power - P/B ratio (from 2012 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 2.96 | 35.27% |
| 2022-12-31 | 2.19 | -24.2% |
| 2021-12-31 | 2.89 | 187.24% |
| 2020-12-31 | 1.00 | 36.2% |
| 2019-12-31 | 0.7376 | -29.44% |
| 2018-12-31 | 1.05 | -33.83% |
| 2017-12-31 | 1.58 | 43.14% |
| 2016-12-31 | 1.10 | 15.17% |
| 2015-12-31 | 0.9583 | -7.71% |
| 2014-12-31 | 1.04 | -21.39% |
| 2013-12-31 | 1.32 | -14.19% |
| 2012-12-31 | 1.54 |