Ratnamani Metals & Tubes (RATNAMANI.NS)

P/B ratio as of November 2024 : 7.57

According to Ratnamani Metals & Tubes's latest financial reports the company has a price-to-book ratio of 4.83249.
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.

Ratnamani Metals & Tubes - 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	8.15	42.84%
2022-12-31	5.71	28.64%
2021-12-31	4.44	7.95%
2020-12-31	4.11	30.51%
2019-12-31	3.15
2015-12-31	2.55	-30.41%
2014-12-31	3.67	319.6%
2013-12-31	0.8750	-18.11%
2012-12-31	1.07

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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Ratnamani Metals & Tubes (RATNAMANI.NS) - P/B ratio