Action Construction Equipment
ACE.NS
$17.04
Share price
2.09%
Change (1 day)
207.52%
Change (1 year)
Categories
Action Construction Equipment (ACE.NS) - P/B ratio
P/B ratio as of May 2024 : 15.7
According to Action Construction Equipment's latest financial reports the company has a price-to-book ratio of 15.7.
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.
Action Construction Equipment - P/B ratio (from 2012 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 9.43 | 117.43% |
| 2022-12-31 | 4.34 | 13.39% |
| 2021-12-31 | 3.82 | 11.45% |
| 2020-12-31 | 3.43 | 83.03% |
| 2019-12-31 | 1.87 | |
| 2013-12-31 | 0.4063 | 6.67% |
| 2012-12-31 | 0.3809 |