Tech Mahindra
TECHM.NS
$14.29
Share price
0.39%
Change (1 day)
16.56%
Change (1 year)
Tech Mahindra (TECHM.NS) - P/B ratio
P/B ratio as of April 2024 : 4.30
According to Tech Mahindra
's latest financial reports the company has a price-to-book ratio of 4.30.
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.
Tech Mahindra - P/B ratio (from 2012 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 4.62 | 29.07% |
| 2022-12-31 | 3.58 | -47.28% |
| 2021-12-31 | 6.79 | 72.14% |
| 2020-12-31 | 3.94 | 20.58% |
| 2019-12-31 | 3.27 | -1.53% |
| 2018-12-31 | 3.32 | 22.7% |
| 2017-12-31 | 2.71 | -6.92% |
| 2016-12-31 | 2.91 | -18.64% |
| 2015-12-31 | 3.57 | -34.72% |
| 2014-12-31 | 5.48 | -5.07% |
| 2013-12-31 | 5.77 | 137.49% |
| 2012-12-31 | 2.43 |