Divis Laboratories
DIVISLAB.NS
$47.11
Share price
0.99%
Change (1 day)
18.20%
Change (1 year)
Categories
Divis Laboratories (DIVISLAB.NS) - P/B ratio
P/B ratio as of May 2024 : 8.18
According to Divis Laboratories's latest financial reports the company has a price-to-book ratio of 8.18.
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.
Divis Laboratories - P/B ratio (from 2019 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 8.16 | 11% |
| 2022-12-31 | 7.35 | -41.12% |
| 2021-12-31 | 12.5 | 0.94% |
| 2020-12-31 | 12.4 | 80.77% |
| 2019-12-31 | 6.84 |