Havells India
HAVELLS.NS
$21.78
Share price
2.02%
Change (1 day)
42.00%
Change (1 year)
Categories
Havells India (HAVELLS.NS) - P/B ratio
P/B ratio as of May 2024 : 16.1
According to Havells India's latest financial reports the company has a price-to-book ratio of 16.1.
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.
Havells India - P/B ratio (from 2019 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 12.4 | 12.75% |
| 2022-12-31 | 11.0 | -30.42% |
| 2021-12-31 | 15.8 | 28.67% |
| 2020-12-31 | 12.3 | 30.67% |
| 2019-12-31 | 9.41 |