Reliance Industries (RELIANCE.NS)

P/B ratio as of November 2024 : 1.72

According to Reliance Industries's latest financial reports the company has a price-to-book ratio of 1.76349.
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 Industries - P/B ratio (from 2014 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	1.99	6.06%
2022-12-31	1.88	-0.64%
2021-12-31	1.89	-7.4%
2020-12-31	2.04	-10.89%
2019-12-31	2.29	-3.49%
2018-12-31	2.38	11.47%
2017-12-31	2.13	75.09%
2016-12-31	1.22	-12.37%
2015-12-31	1.39	5.72%
2014-12-31	1.31

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 Industries (RELIANCE.NS) - P/B ratio