Varun Beverages
VBL.NS
$17.81
Share price
1.81%
Change (1 day)
0.74%
Change (1 year)
Categories
Varun Beverages (VBL.NS) - P/B ratio
P/B ratio as of April 2024 : 26.7
According to Varun Beverages
's latest financial reports the company has a price-to-book ratio of 26.7.
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.
Varun Beverages - P/B ratio (from 2016 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 22.7 | 37.82% |
| 2022-12-31 | 16.5 | 79.72% |
| 2021-12-31 | 9.17 | 24.39% |
| 2020-12-31 | 7.37 | 21% |
| 2019-12-31 | 6.09 | -14.72% |
| 2018-12-31 | 7.14 | 6.22% |
| 2017-12-31 | 6.72 | 63.16% |
| 2016-12-31 | 4.12 |