Torrent Pharmaceuticals
TORNTPHARM.NS
$32.28
Share price
-0.12%
Change (1 day)
63.20%
Change (1 year)
Categories
Torrent Pharmaceuticals (TORNTPHARM.NS) - P/B ratio
P/B ratio as of April 2024 : 13.5
According to Torrent Pharmaceuticals
's latest financial reports the company has a price-to-book ratio of 13.5.
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.
Torrent Pharmaceuticals - P/B ratio (from 2012 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 11.6 | 36.9% |
| 2022-12-31 | 8.48 | -4.75% |
| 2021-12-31 | 8.91 | 2.88% |
| 2020-12-31 | 8.66 | 41.99% |
| 2019-12-31 | 6.10 | -7.09% |
| 2018-12-31 | 6.56 | 21.87% |
| 2017-12-31 | 5.39 | -1.17% |
| 2016-12-31 | 5.45 | -24.32% |
| 2015-12-31 | 7.20 | -7.86% |
| 2014-12-31 | 7.82 | 44.16% |
| 2013-12-31 | 5.42 | 13.99% |
| 2012-12-31 | 4.76 |