Adani Total Gas (ATGL.NS)

P/B ratio as of December 2024 : 18.7

According to Adani Total Gas's latest financial reports the company has a price-to-book ratio of 15.6444.
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.

Adani Total Gas - P/B ratio (from 2019 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	19.9	-40.63%
2023-12-31	33.6	-77.45%
2022-12-31	149	74.57%
2021-12-31	85.3	236.89%
2020-12-31	25.3	81.5%
2019-12-31	14.0	21.18%
2018-12-31	11.5

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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Adani Total Gas (ATGL.NS) - P/B ratio