Ashok Leyland (ASHOKLEY.NS)

P/B ratio as of October 2024 : 5.53

According to Ashok Leyland 's latest financial reports the company has a price-to-book ratio of 1.4004.
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.

Ashok Leyland - 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	4.75	-3.24%
2022-12-31	4.91	20.55%
2021-12-31	4.07	21.12%
2020-12-31	3.36	29.45%
2019-12-31	2.60
2014-12-31	2.78	154.11%
2013-12-31	1.09	-29.99%
2012-12-31	1.56

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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Ashok Leyland (ASHOKLEY.NS) - P/B ratio