Britannia Industries (BRITANNIA.NS)

P/B ratio as of November 2024 : 28.8

According to Britannia Industries 's latest financial reports the company has a price-to-book ratio of 6.8368.
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.

Britannia Industries - P/B ratio (from 2013 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	44.7	-9.33%
2022-12-31	49.4	4.37%
2021-12-31	47.3	47.17%
2020-12-31	32.1	62.98%
2019-12-31	19.7	-6.46%
2018-12-31	21.1	5.11%
2017-12-31	20.1	33.69%
2016-12-31	15.0	-29.31%
2015-12-31	21.2	16.19%
2014-12-31	18.3	22.88%
2013-12-31	14.9

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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Britannia Industries (BRITANNIA.NS) - P/B ratio