Tata Steel
TATASTEEL.NS
$1.99
Share price
-1.13%
Change (1 day)
50.76%
Change (1 year)
Categories
Tata Steel (TATASTEEL.NS) - P/B ratio
P/B ratio as of April 2024 : 2.27
According to Tata Steel's latest financial reports the company has a price-to-book ratio of 2.27.
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 Steel - P/B ratio (from 2012 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 1.90 | 54.55% |
| 2022-12-31 | 1.23 | -13.98% |
| 2021-12-31 | 1.43 | 29.96% |
| 2020-12-31 | 1.10 | 47.59% |
| 2019-12-31 | 0.7462 | -22.46% |
| 2018-12-31 | 0.9623 | -57.49% |
| 2017-12-31 | 2.26 | 131.9% |
| 2016-12-31 | 0.9761 | 52.1% |
| 2015-12-31 | 0.6418 | -21.45% |
| 2014-12-31 | 0.8170 | -12.65% |
| 2013-12-31 | 0.9353 | 11.33% |
| 2012-12-31 | 0.8401 |