Indus Towers (INDUSTOWER.NS)

P/B ratio as of November 2024 : 3.03

According to Indus Towers 's latest financial reports the company has a price-to-book ratio of 2.93381.
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.

Indus Towers - P/B ratio (from 2013 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	2.26	-8.31%
2022-12-31	2.47	-24.86%
2021-12-31	3.29	-27.73%
2020-12-31	4.55	25.85%
2019-12-31	3.61	5%
2018-12-31	3.44	-18.99%
2017-12-31	4.25	12.76%
2016-12-31	3.77	-15.38%
2015-12-31	4.45	27.03%
2014-12-31	3.50	105.97%
2013-12-31	1.70	-26.95%
2012-12-31	2.33

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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Indus Towers (INDUSTOWER.NS) - P/B ratio