Gujarat Mineral Development (GMDCLTD.NS)

P/B ratio as of February 2026 : 2.61

According to Gujarat Mineral Development's latest financial reports the company has a price-to-book ratio of 6.30193.
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.

Gujarat Mineral Development - P/B ratio (from 2019 to 2025)

P/B ratio by year

Year	P/B ratio	Change
2025-12-31	2.89	74.94%
2024-12-31	1.65	-25.66%
2023-12-31	2.22	149.12%
2022-12-31	0.8928	64.14%
2021-12-31	0.5440	43.85%
2020-12-31	0.3781	-16.07%
2019-12-31	0.4505

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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Gujarat Mineral Development (GMDCLTD.NS) - P/B ratio