Thermax
THERMAX.NS
$57.20
Share price
1.50%
Change (1 day)
100.91%
Change (1 year)
Categories
Thermax (THERMAX.NS) - P/B ratio
P/B ratio as of May 2024 : 13.2
According to Thermax's latest financial reports the company has a price-to-book ratio of 13.2.
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 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 8.68 | 33.3% |
| 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 | -13.8% |
| 2018-12-31 | 4.94 | -14.7% |
| 2017-12-31 | 5.79 | 62.19% |
| 2016-12-31 | 3.57 |