Gujarat Gas (GUJGASLTD.NS)

P/B ratio as of December 2024 : 4.27

According to Gujarat Gas 's latest financial reports the company has a price-to-book ratio of 2.0931.
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.

Gujarat Gas - P/B ratio (from 2015 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	4.41	-1.69%
2023-12-31	4.49	-14.55%
2022-12-31	5.25	-38.71%
2021-12-31	8.57	23.18%
2020-12-31	6.95	23.38%
2019-12-31	5.64
2015-12-31	4.14
2014-12-31	N/A
2013-12-31	N/A
2012-12-31	N/A
2011-12-31	N/A

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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Gujarat Gas (GUJGASLTD.NS) - P/B ratio