Nestlé India
NESTLEIND.NS
Nestlé India (NESTLEIND.NS) - P/B ratio
P/B ratio as of May 2024 : 81.9
According to Nestlé India's latest financial reports the company has a price-to-book ratio of 81.9.
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.
Nestlé India - P/B ratio (from 2012 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 88.5 | 15.15% |
| 2022-12-31 | 76.9 | -21.24% |
| 2021-12-31 | 97.6 | 11.17% |
| 2020-12-31 | 87.8 | 18.19% |
| 2019-12-31 | 74.3 | 154.51% |
| 2018-12-31 | 29.2 | 32.02% |
| 2017-12-31 | 22.1 | 24.83% |
| 2016-12-31 | 17.7 | -4.31% |
| 2015-12-31 | 18.5 | -14.69% |
| 2014-12-31 | 21.7 | 0.78% |
| 2013-12-31 | 21.5 | -19.56% |
| 2012-12-31 | 26.8 |