Titan Company (TITAN.NS)

P/B ratio as of November 2024 : 29.8

According to Titan Company's latest financial reports the company has a price-to-book ratio of 5.23785.
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.

Titan Company - P/B ratio (from 2017 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	26.2	18.34%
2022-12-31	22.1	-23.02%
2021-12-31	28.7	30.14%
2020-12-31	22.1	28.63%
2019-12-31	17.2	7.67%
2018-12-31	15.9	-8.53%
2017-12-31	17.4

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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Titan Company (TITAN.NS) - P/B ratio