Tejas Networks
TEJASNET.NS
$12.33
Share price
-1.67%
Change (1 day)
60.13%
Change (1 year)
Tejas Networks (TEJASNET.NS) - P/B ratio
P/B ratio as of April 2024 : 5.81
According to Tejas Networks
's latest financial reports the company has a price-to-book ratio of 5.81.
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.
Tejas Networks - P/B ratio (from 2017 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 4.91 | 47.97% |
| 2022-12-31 | 3.32 | 37% |
| 2021-12-31 | 2.42 | 107.84% |
| 2020-12-31 | 1.17 | 60.6% |
| 2019-12-31 | 0.7259 | -51.01% |
| 2018-12-31 | 1.48 | -56.84% |
| 2017-12-31 | 3.43 |