According to UltraTech Cement
's latest financial reports the company has a price-to-book ratio of 4.95.
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.
Year | P/B ratio | Change |
---|---|---|
2023-12-31 | 5.38 | 40.1% |
2022-12-31 | 3.84 | -19.04% |
2021-12-31 | 4.74 | 25.44% |
2020-12-31 | 3.78 | 15.25% |
2019-12-31 | 3.28 | -21.63% |
2018-12-31 | 4.18 | -12.17% |
2017-12-31 | 4.76 | 25.1% |
2016-12-31 | 3.81 | 1.08% |
2015-12-31 | 3.77 | -3.42% |
2014-12-31 | 3.90 |