Laurus Labs (LAURUSLABS.NS)

P/B ratio as of November 2024 : 6.70

According to Laurus Labs 's latest financial reports the company has a price-to-book ratio of 5.51911.
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.

Laurus Labs - P/B ratio (from 2017 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	5.74	8.68%
2022-12-31	5.28	-45.19%
2021-12-31	9.63	10.08%
2020-12-31	8.75	271.86%
2019-12-31	2.35	-16.24%
2018-12-31	2.81	-32.95%
2017-12-31	4.19

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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Laurus Labs (LAURUSLABS.NS) - P/B ratio