Thermax
THERMAX.NS
$35.89
Share price
0.41%
Change (1 day)
-36.28%
Change (1 year)
Categories
Thermax (THERMAX.NS) - P/B ratio
P/B ratio as of April 2025 : 7.31
According to Thermax's latest financial reports the company has a price-to-book ratio of 3.4013.
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.
Thermax - P/B ratio (from 2016 to 2024)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2024-12-31 | 10.5 | 20.4% |
| 2023-12-31 | 8.69 | 33.53% |
| 2022-12-31 | 6.51 | 1.13% |
| 2021-12-31 | 6.44 | 79.96% |
| 2020-12-31 | 3.58 | -15.92% |
| 2019-12-31 | 4.25 | -13.81% |
| 2018-12-31 | 4.94 | -14.72% |
| 2017-12-31 | 5.79 | 62.23% |
| 2016-12-31 | 3.57 |