UPL (UPL.NS) - P/B ratio

P/B ratio as of December 2025 : 1.56

According to UPL's latest financial reports the company has a price-to-book ratio of 1.27076.
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.

UPL - P/B ratio (from 2013 to 2025)

P/B ratio by year

Year	P/B ratio	Change
2025-12-31	N/A	-100%
2024-12-31	1.32	2.22%
2023-12-31	1.29	-26.66%
2022-12-31	1.76	-20.98%
2021-12-31	2.22	38.33%
2020-12-31	1.61	-36.17%
2019-12-31	2.52	-42.71%
2018-12-31	4.39	-11.44%
2017-12-31	4.96	34.37%
2016-12-31	3.69	13.33%
2015-12-31	3.26	25.55%
2014-12-31	2.59	64.45%
2013-12-31	1.58

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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