Southern Petrochemical Industries Corp (SPIC.NS)

P/B ratio as of November 2024 : 1.32

According to Southern Petrochemical Industries Corp's latest financial reports the company has a price-to-book ratio of 0.670199.
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.

Southern Petrochemical Industries Corp - 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	1.47	-26.61%
2022-12-31	2.01	11.09%
2021-12-31	1.81	70.83%
2020-12-31	1.06	11.68%
2019-12-31	0.9474
2013-12-31	0.7075	-713.86%
2012-12-31	-0.1153

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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Southern Petrochemical Industries Corp (SPIC.NS) - P/B ratio