Bharat Electronics
BEL.NS
$2.98
Share price
4.33%
Change (1 day)
127.56%
Change (1 year)
Bharat Electronics (BEL.NS) - P/B ratio
P/B ratio as of May 2024 : 11.7
According to Bharat Electronics
's latest financial reports the company has a price-to-book ratio of 11.7.
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.
Bharat Electronics - P/B ratio (from 2019 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 9.06 | 63.16% |
| 2022-12-31 | 5.55 | 24.86% |
| 2021-12-31 | 4.45 | 52.8% |
| 2020-12-31 | 2.91 | 11.99% |
| 2019-12-31 | 2.60 |