According to Transport Corporation of India
's latest financial reports the company has a price-to-book ratio of 3.59.
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 | 3.37 | 14.22% |
2022-12-31 | 2.95 | -32.63% |
2021-12-31 | 4.38 | 141.07% |
2020-12-31 | 1.82 | -12.02% |
2019-12-31 | 2.07 |