SpiceJet (SPICEJET.BO)

P/B ratio as of November 2024 : -0.6237

According to SpiceJet 's latest financial reports the company has a price-to-book ratio of 0.504637.
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.

SpiceJet - P/B ratio (from 2012 to 2023)

P/B ratio by year

Year	P/B ratio	Change
2023-12-31	-0.6361	64.86%
2022-12-31	-0.3859	-63.22%
2021-12-31	-1.05	-58.33%
2020-12-31	-2.52	-68.07%
2019-12-31	-7.88	-91.15%
2018-12-31	-89.0	238.96%
2017-12-31	-26.3	549.22%
2016-12-31	-4.05	1.16%
2015-12-31	-4.00	483.13%
2014-12-31	-0.6860	-56.74%
2013-12-31	-1.59	-88.2%
2012-12-31	-13.4

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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SpiceJet (SPICEJET.BO) - P/B ratio