Torrent Power
TORNTPOWER.NS
$17.26
Share price
-2.94%
Change (1 day)
161.12%
Change (1 year)
Categories
Torrent Power (TORNTPOWER.NS) - P/B ratio
P/B ratio as of May 2024 : 5.75
According to Torrent Power's latest financial reports the company has a price-to-book ratio of 5.75.
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 Power - P/B ratio (from 2013 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 3.63 | 76.56% |
| 2022-12-31 | 2.05 | -18.52% |
| 2021-12-31 | 2.52 | 59.75% |
| 2020-12-31 | 1.58 | 13.93% |
| 2019-12-31 | 1.39 | -7.02% |
| 2018-12-31 | 1.49 | -21.2% |
| 2017-12-31 | 1.89 | 49.54% |
| 2016-12-31 | 1.26 | 13.99% |
| 2015-12-31 | 1.11 | -2.86% |
| 2014-12-31 | 1.14 | 22.13% |
| 2013-12-31 | 0.9349 |