Petronet LNG (PETRONET.NS)

P/B ratio as of November 2024 : 2.54

According to Petronet LNG 's latest financial reports the company has a price-to-book ratio of 0.885665.
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.

Petronet LNG - P/B ratio (from 2012 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	2.03	-7.68%
2022-12-31	2.19	-13.48%
2021-12-31	2.54	-22.28%
2020-12-31	3.26	-9.09%
2019-12-31	3.59
2016-12-31	4.04	31.92%
2015-12-31	3.07	9.16%
2014-12-31	2.81	46.26%
2013-12-31	1.92	-38.28%
2012-12-31	3.11

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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Petronet LNG (PETRONET.NS) - P/B ratio