Apollo Tyres Limited manufactures and sells automotive tires, tubes, and flaps in the Asia Pacific, the Middle East, Africa, Europe, and internationally. It offers passenger car, sports utility vehicle, multi utility vehicle, light truck, truck-bus, agriculture, industrial, specialty, bicycle, off highway, and two-wheeler tires; retreading materials and tires; and alloy wheels. The company provides its products under the Apollo and Vredestein brands. Apollo Tyres Limited was incorporated in 1972 and is headquartered in Gurugram, India.
P/B ratio for Apollo Tyres Limited (APOLLOTYRE.NS)
P/B ratio as of 2023: 2.13
According to Apollo Tyres Limited's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 2.13. At the end of 2022 the company had a P/B ratio of 1.58.
P/B ratio history for Apollo Tyres Limited from 2003 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 2.13 |
| 2022 | 1.58 |
| 2021 | 1.03 |
| 2020 | 1.21 |
| 2019 | 0.46 |
| 2018 | 1.29 |
| 2017 | 1.53 |
| 2016 | 1.46 |
| 2015 | 1.44 |
| 2014 | 1.69 |
| 2013 | 1.76 |
| 2012 | 1.27 |
| 2011 | 1.42 |
| 2010 | 1.45 |
| 2009 | 1.82 |
| 2008 | 0.68 |
| 2007 | 1.64 |
| 2006 | 1.25 |
| 2005 | 1.76 |
| 2004 | 1.83 |
| 2003 | 1.36 |