Glenmark Pharmaceuticals (GLENMARK.NS)

P/B ratio as of November 2024 : 6.05

According to Glenmark Pharmaceuticals 's latest financial reports the company has a price-to-book ratio of 3.99765.
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.

Glenmark Pharmaceuticals - P/B ratio (from 2012 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	2.48	108.95%
2022-12-31	1.19	-28.3%
2021-12-31	1.65	-23.57%
2020-12-31	2.16	31.6%
2019-12-31	1.64	-52.09%
2018-12-31	3.43	9.26%
2017-12-31	3.14	-39.85%
2016-12-31	5.22	-17.17%
2015-12-31	6.30	-2.62%
2014-12-31	6.47	26.71%
2013-12-31	5.11	-6.57%
2012-12-31	5.47

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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Glenmark Pharmaceuticals (GLENMARK.NS) - P/B ratio