Reliance Industries
RELIANCE.NS
$34.85
Share price
-0.51%
Change (1 day)
20.96%
Change (1 year)
Categories
Reliance Industries (RELIANCE.NS) - P/B ratio
P/B ratio as of April 2024 : 2.23
According to Reliance Industries's latest financial reports the company has a price-to-book ratio of 2.23.
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.
Reliance Industries - P/B ratio (from 2014 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 1.99 | 5.87% |
| 2022-12-31 | 1.88 | -0.64% |
| 2021-12-31 | 1.89 | -7.4% |
| 2020-12-31 | 2.04 | -10.89% |
| 2019-12-31 | 2.29 | -3.48% |
| 2018-12-31 | 2.38 | 11.48% |
| 2017-12-31 | 2.13 | 75.04% |
| 2016-12-31 | 1.22 | -12.37% |
| 2015-12-31 | 1.39 | 5.72% |
| 2014-12-31 | 1.31 |