RITES
RITES.NS
$8.07
Share price
1.78%
Change (1 day)
70.99%
Change (1 year)
Categories
RITES (RITES.NS) - P/B ratio
P/B ratio as of May 2024 : 5.88
According to RITES
's latest financial reports the company has a price-to-book ratio of 5.88.
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.
RITES - P/B ratio (from 2019 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 4.48 | 50.42% |
| 2022-12-31 | 2.98 | 21.65% |
| 2021-12-31 | 2.45 | 3.39% |
| 2020-12-31 | 2.37 | -9.92% |
| 2019-12-31 | 2.63 | 17.04% |
| 2018-12-31 | 2.24 | |
| 2017-12-31 | N/A |