Tata Steel
TATASTEEL.NS
#955
Rank
NZ$35.25 B
Marketcap
$2.82
Share price
0.54%
Change (1 day)
14.46%
Change (1 year)

Tata Steel (TATASTEEL.NS) - P/B ratio

P/B ratio as of November 2024 : 1.92

According to Tata Steel's latest financial reports the company has a price-to-book ratio of 0.775095.
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.

Tata Steel - P/B ratio (from 2012 to 2024)

P/B ratio by year

Year P/B ratio Change
2024-12-31N/A-100%
2023-12-311.9154.81%
2022-12-311.23-13.98%
2021-12-311.4329.96%
2020-12-311.1047.59%
2019-12-310.7462-22.47%
2018-12-310.9625-57.49%
2017-12-312.26131.96%
2016-12-310.976152.1%
2015-12-310.6418-21.45%
2014-12-310.8170-12.65%
2013-12-310.935311.37%
2012-12-310.8397