Alkem Laboratories
ALKEM.NS
$62.38
Share price
-0.85%
Change (1 day)
49.71%
Change (1 year)
Categories
Alkem Laboratories (ALKEM.NS) - P/B ratio
P/B ratio as of May 2024 : 6.11
According to Alkem Laboratories
's latest financial reports the company has a price-to-book ratio of 6.11.
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.
Alkem Laboratories - P/B ratio (from 2016 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 6.07 | 60.83% |
| 2022-12-31 | 3.78 | -25.51% |
| 2021-12-31 | 5.07 | 2.7% |
| 2020-12-31 | 4.94 | 24.77% |
| 2019-12-31 | 3.96 | -12.37% |
| 2018-12-31 | 4.52 | -18.48% |
| 2017-12-31 | 5.54 | 24.54% |
| 2016-12-31 | 4.45 | -14.71% |
| 2015-12-31 | 5.21 |