Bajaj Auto (BAJAJ-AUTO.NS)

P/B ratio as of December 2024 : 8.16

According to Bajaj Auto 's latest financial reports the company has a price-to-book ratio of 5.30413.
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.

Bajaj Auto - 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	6.56	69.49%
2022-12-31	3.87	11.4%
2021-12-31	3.48	-18.14%
2020-12-31	4.25	10.3%
2019-12-31	3.85	-3.81%
2018-12-31	4.00	-25.83%
2017-12-31	5.40	15.7%
2016-12-31	4.66

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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Bajaj Auto (BAJAJ-AUTO.NS) - P/B ratio