Asahi India Glass (ASAHIINDIA.NS)

P/B ratio as of November 2026 : 6.98

According to Asahi India Glass's latest financial reports the company has a price-to-book ratio of 4.99061.
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.

Asahi India Glass - P/B ratio (from 2012 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	6.39	-2.87%
2022-12-31	6.58	-14.63%
2021-12-31	7.70	43.2%
2020-12-31	5.38	38.5%
2019-12-31	3.88	-32.84%
2018-12-31	5.78	-40.37%
2017-12-31	9.70	-7.67%
2016-12-31	10.5	-15.44%
2015-12-31	12.4	6.84%
2014-12-31	11.6	130.24%
2013-12-31	5.05	-11.52%
2012-12-31	5.71

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Asahi India Glass (ASAHIINDIA.NS) - P/B ratio