Bharat Dynamics Limited engages in the manufacture and sale of guided missiles and allied defense products in India. It provides surface to air missiles, anti-tank guided missiles, underwater weapons, launchers, counter measures dispensing systems, test equipment, torpedoes, and mechanized infantry weapons, as well as anti-submarine warfare suite. The company offers its products to Indian Armed forces and government of India. It also exports its products. Bharat Dynamics Limited was incorporated in 1970 and is headquartered in Hyderabad, India.
P/B ratio for Bharat Dynamics Limited (BDL.NS)
P/B ratio as of 2023: 17.88
According to Bharat Dynamics Limited's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 17.88. At the end of 2022 the company had a P/B ratio of 5.64.
P/B ratio history for Bharat Dynamics Limited from 2012 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 17.88 |
| 2022 | 5.64 |
| 2021 | 3.32 |
| 2020 | 2.27 |
| 2019 | 1.30 |
| 2018 | 2.29 |
| 2017 | 3.67 |
| 2016 | 3.23 |
| 2015 | 3.86 |
| 2014 | 4.32 |
| 2013 | 5.60 |
| 2012 | 6.80 |