National Mineral Development Corporation (NMDC.NS)

P/B ratio as of November 2024 : 2.49

According to National Mineral Development Corporation's latest financial reports the company has a price-to-book ratio of 2.99402.
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.

National Mineral Development Corporation - 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	2.51	44.94%
2022-12-31	1.73	57.01%
2021-12-31	1.10	-9.95%
2020-12-31	1.22	-12.37%
2019-12-31	1.40
2013-12-31	1.80	-27.88%
2012-12-31	2.49

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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National Mineral Development Corporation (NMDC.NS) - P/B ratio