Strides Pharma (STAR.NS)

P/B ratio as of November 2024 : 6.19

According to Strides Pharma's latest financial reports the company has a price-to-book ratio of 3.217.
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.

Strides Pharma - P/B ratio (from 2015 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	2.99	121.42%
2022-12-31	1.35	-17.92%
2021-12-31	1.65	-43.25%
2020-12-31	2.90	141.59%
2019-12-31	1.20	-28.84%
2018-12-31	1.69	-35.79%
2017-12-31	2.63	-26.18%
2016-12-31	3.56	-43.69%
2015-12-31	6.32

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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Strides Pharma (STAR.NS) - P/B ratio