According to Tata Steel Long Products's latest financial reports the company has a price-to-book ratio of 5.59.
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 |
---|---|---|
2023-12-31 | 5.59 | 352.76% |
2022-12-31 | 1.24 | 14.12% |
2021-12-31 | 1.08 | -17.37% |
2020-12-31 | 1.31 | 66.75% |
2019-12-31 | 0.7855 | -40.69% |
2018-12-31 | 1.32 | -23.05% |
2017-12-31 | 1.72 | 68.51% |
2016-12-31 | 1.02 | |
2013-12-31 | 0.6532 | 77.7% |
2012-12-31 | 0.3676 |