Tube Investments of India
TIINDIA.NS
$45.83
Share price
0.75%
Change (1 day)
45.12%
Change (1 year)
Categories
Tube Investments of India (TIINDIA.NS) - P/B ratio
P/B ratio as of May 2024 : 12.6
According to Tube Investments of India's latest financial reports the company has a price-to-book ratio of 12.6.
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.
Tube Investments of India - P/B ratio (from 2018 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 11.8 | -3.56% |
| 2022-12-31 | 12.3 | 21.78% |
| 2021-12-31 | 10.1 | 18.56% |
| 2020-12-31 | 8.50 | 67.19% |
| 2019-12-31 | 5.08 | 9.42% |
| 2018-12-31 | 4.64 | 16.46% |
| 2017-12-31 | 3.99 |