Asian Paints (ASIANPAINT.NS)

P/B ratio as of December 2024 : 11.9

According to Asian Paints 's latest financial reports the company has a price-to-book ratio of 6.39332.
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.

Asian Paints - P/B ratio (from 2011 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	12.3	-35%
2023-12-31	19.0	-5.36%
2022-12-31	20.1	-20.24%
2021-12-31	25.2	7.54%
2020-12-31	23.4	44.32%
2019-12-31	16.2	8.25%
2018-12-31	15.0	7.43%
2017-12-31	13.9	22.9%
2016-12-31	11.3	-23.78%
2015-12-31	14.9	1.63%
2014-12-31	14.6	26.85%
2013-12-31	11.5	-15.4%
2012-12-31	13.6	61.01%
2011-12-31	8.48

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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Asian Paints (ASIANPAINT.NS) - P/B ratio