Reliance Communications (RCOM.NS)

P/B ratio as of December 2024 : -0.0069

According to Reliance Communications 's latest financial reports the company has a price-to-book ratio of 1.60234.
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.

Reliance Communications - P/B ratio (from 2012 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	-0.0073	-9.1%
2023-12-31	-0.0080	0.74%
2022-12-31	-0.0080	-57.86%
2021-12-31	-0.0189	71.76%
2020-12-31	-0.0110	66.06%
2019-12-31	-0.0066	-100.68%
2018-12-31	0.9707	136.77%
2017-12-31	0.4100	52.42%
2016-12-31	0.2690	-52.83%
2015-12-31	0.5702	16.55%
2014-12-31	0.4892	-28.15%
2013-12-31	0.6809	40.38%
2012-12-31	0.4850

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Reliance Communications (RCOM.NS) - P/B ratio