Powergrid Corporation of India
POWERGRID.NS
$3.76
Share price
0.21%
Change (1 day)
29.69%
Change (1 year)
Categories
Powergrid Corporation of India (POWERGRID.NS) - P/B ratio
P/B ratio as of May 2024 : 3.33
According to Powergrid Corporation of India
's latest financial reports the company has a price-to-book ratio of 3.33.
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.
Powergrid Corporation of India - P/B ratio (from 2019 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 2.53 | 41.93% |
| 2022-12-31 | 1.79 | -2.66% |
| 2021-12-31 | 1.83 | 23.94% |
| 2020-12-31 | 1.48 | -5.88% |
| 2019-12-31 | 1.57 | |
| 2007-12-31 | 5.60 |