Borosil Renewables Limited engages in the manufacture and sale of flat glass products in India and internationally. The company offers low iron solar glass for various applications in photovoltaic (PV) panels, flat plate collectors, and greenhouses. It also offers Selene, an anti-glare solar glass suitable for PV installations near airports; and anti-soiling and antireflective coating solar glass. The company was formerly known as Borosil Glass Works Limited and changed its name to Borosil Renewables Limited in February 2020. Borosil Renewables Limited was incorporated in 1962 and is based in Mumbai, India.
P/B ratio for Borosil Renewables Limited (BORORENEW.NS)
P/B ratio as of 2023: 8.13
According to Borosil Renewables Limited's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 8.13. At the end of 2022 the company had a P/B ratio of 5.83.
P/B ratio history for Borosil Renewables Limited from 2006 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 8.13 |
| 2022 | 5.83 |
| 2021 | 9.63 |
| 2020 | 4.75 |
| 2019 | 1.30 |
| 2018 | 0.66 |
| 2017 | 0.59 |
| 2016 | 0.62 |
| 2015 | 1.05 |
| 2014 | 0.89 |
| 2013 | 0.94 |
| 2012 | 1.01 |
| 2011 | 1.26 |
| 2010 | 1.23 |
| 2009 | 18.12 |
| 2008 | 12.80 |
| 2007 | 11.86 |
| 2006 | 11.38 |