Parag Milk Foods (PARAGMILK.NS)

P/B ratio as of September 2024 : 2.30

According to Parag Milk Foods 's latest financial reports the company has a price-to-book ratio of 2.30.
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.

Parag Milk Foods - P/B ratio (from 2016 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	3.19	86.15%
2022-12-31	1.71	90.39%
2021-12-31	0.9005	-13.56%
2020-12-31	1.04	-18.66%
2019-12-31	1.28	-54.85%
2018-12-31	2.84	-25.43%
2017-12-31	3.80	8.51%
2016-12-31	3.51
2015-12-31	N/A

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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Parag Milk Foods (PARAGMILK.NS) - P/B ratio