TCNS Clothing (TCNSBRANDS.NS)

P/B ratio as of November 2024 : 12.1

According to TCNS Clothing's latest financial reports the company has a price-to-book ratio of 3.97223.
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.

TCNS Clothing - P/B ratio (from 2018 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	5.22	4.04%
2022-12-31	5.01	-38.19%
2021-12-31	8.11	72.82%
2020-12-31	4.69	-22.89%
2019-12-31	6.09	-22.72%
2018-12-31	7.88

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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TCNS Clothing (TCNSBRANDS.NS) - P/B ratio