Vedanta
VEDL.NS
#948
Rank
$21.20 B
Marketcap
$5.43
Share price
0.09%
Change (1 day)
84.74%
Change (1 year)

Vedanta (VEDL.NS) - P/B ratio

P/B ratio as of November 2024 : 4.21

According to Vedanta's latest financial reports the company has a price-to-book ratio of 1.2318.
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.

Vedanta - P/B ratio (from 2012 to 2024)

P/B ratio by year

Year P/B ratio Change
2024-12-31N/A-100%
2023-12-312.2942.86%
2022-12-311.60-1.42%
2021-12-311.6284.25%
2020-12-310.881521.82%
2019-12-310.7236-26.61%
2018-12-310.9860-40.09%
2017-12-311.65111.31%
2016-12-310.7789205.66%
2015-12-310.2548-47%
2014-12-310.4808170.3%
2013-12-310.1779-63.94%
2012-12-310.4933

P/B ratio for similar companies or competitors

Company P/B ratio P/B ratio differencediff. Country
5.07 20.42%๐Ÿ‡จ๐Ÿ‡ฆ Canada
0.8623-79.53%๐Ÿ‡บ๐Ÿ‡ธ USA
2.51-40.33%๐Ÿ‡บ๐Ÿ‡ธ USA
4.35 3.25%๐Ÿ‡บ๐Ÿ‡ธ USA