Tata Elxsi (TATAELXSI.NS)

P/B ratio as of September 2024 : 19.4

According to Tata Elxsi's latest financial reports the company has a price-to-book ratio of 19.4.
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 Elxsi - 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	26.0	14.27%
2022-12-31	22.8	-19.31%
2021-12-31	28.2	178.14%
2020-12-31	10.1	85.58%
2019-12-31	5.46	-33.47%
2018-12-31	8.21	-20.23%
2017-12-31	10.3	12.74%
2016-12-31	9.13	-60.64%
2015-12-31	23.2	255.3%
2014-12-31	6.53	12%
2013-12-31	5.83	67.82%
2012-12-31	3.47

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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Tata Elxsi (TATAELXSI.NS) - P/B ratio