Sandhar (SANDHAR.NS)

P/B ratio as of September 2024 : 3.55

According to Sandhar's latest financial reports the company has a price-to-book ratio of 3.55.
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.

Sandhar - P/B ratio (from 2018 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	3.10	104.29%
2022-12-31	1.52	-17.61%
2021-12-31	1.84	-1.1%
2020-12-31	1.86	-7.59%
2019-12-31	2.02	-32.67%
2018-12-31	2.99
2017-12-31	N/A

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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Sandhar (SANDHAR.NS) - P/B ratio