Asian Granito India (ASIANTILES.NS)

P/B ratio as of November 2024 : 0.7195

According to Asian Granito India 's latest financial reports the company has a price-to-book ratio of 0.600241.
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.

Asian Granito India - 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	0.7372	57.61%
2022-12-31	0.4677	-58.52%
2021-12-31	1.13	-27.24%
2020-12-31	1.55	29.18%
2019-12-31	1.20	2.15%
2018-12-31	1.17	-70.25%
2017-12-31	3.95	228.67%
2016-12-31	1.20
2014-12-31	1.12	247.16%
2013-12-31	0.3236	68.44%
2012-12-31	0.1921

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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Asian Granito India (ASIANTILES.NS) - P/B ratio