Indian Railway Finance Corporation Limited
IRFC.NS
$-0.06
Change (1 day)
$2.72
Year High
$0.78
Year Low
Categories
Indian Railway Finance Corporation Limited operates as a financing company in India. The company engages in borrowing funds from the financial markets to finance the acquisition/creation of assets that are leased out to the Indian Railways as finance lease. It also operates as a non-deposit taking non-banking financial and infrastructure finance company. The company was incorporated in 1986 and is based in New Delhi, India.
P/B ratio for Indian Railway Finance Corporation Limited (IRFC.NS)
P/B ratio as of 2023: 3.85
According to Indian Railway Finance Corporation Limited's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 3.85. At the end of 2022 the company had a P/B ratio of 0.76.
P/B ratio history for Indian Railway Finance Corporation Limited from 2012 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 3.85 |
| 2022 | 0.76 |
| 2021 | 0.68 |
| 2020 | 0.77 |
| 2019 | 0.77 |
| 2018 | 1.30 |
| 2017 | 1.59 |
| 2016 | 0.00 |
| 2015 | 0.91 |
| 2014 | 1.02 |
| 2013 | 0.99 |
| 2012 | 0.93 |