Titan Company (TITAN.NS)

P/B ratio as of September 2024 : 35.6

According to Titan Company's latest financial reports the company has a price-to-book ratio of 35.6.
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.

Titan Company - 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	26.2	18.46%
2022-12-31	22.1	-22.92%
2021-12-31	28.7	30.11%
2020-12-31	22.0	27.82%
2019-12-31	17.2	7.57%
2018-12-31	16.0	-8.4%
2017-12-31	17.5

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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Titan Company (TITAN.NS) - P/B ratio