ACME RESOURCES
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The Current P/B Ratio of ACME RESOURCES is 1.50.
Share Price | ₹40.2 | Jan 13,2025 |
Market Cap | ₹103.3 Cr | |
Book Value | ₹68.9 Cr | Mar2024 - Standalone Results |
Price/Book | 1.50x | Calculated as MarketCap/Book Value |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of ACME RESOURCES
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹103.3 Cr] as on Jan 13,2025
(/) Book Value [ ₹68.9 Cr] based on Mar2024 - Standalone Results
(=) P/B Ratio [ 1.50x ]
Thus, for ACME RESOURCES , the investors are currently willing to pay '1.50 times book value' to own 1 share of the company.
PB Multiples are one of the most widely used valuation multiple in industry.
Since P/B ratio uses Book Value in the calculation, P/B multiples are not always reliable for valuing companies with negative book value.
In such cases, you may consider using Price to Earnings ratio or Price to Sales ratio of ACME RESOURCES !
The chart below summarizes the trend in P/B Ratio of ACME RESOURCES over the last five years.
Historical PB (Price/Book ) ratio chart of ACME RESOURCES
PB Ratio Performance Analysis for ACME RESOURCES
- ACME RESOURCES 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.78x.
- ACME RESOURCES 's operated at median p/b ratio of 0.72x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ACME RESOURCES 's p/b ratio peaked in Mar2024 at 1.6x.
- ACME RESOURCES 's p/b ratio hit its five-year low in Mar2020 of 0.19x.
How does ACME RESOURCES 's P/B Ratio benchmark against top 10 peers in Finance - NBFC Industry?
Peer Comparison (Finance - NBFC Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
ACME RESOURCES | 68.93 | 1.50 | 103.3 |
BAJAJ FINANCE LTD | 75,686.60 | 5.85 | 443,098.0 |
BAJAJ HOLDINGS & INVESTMENT LTD | 54,247.50 | 2.12 | 114,739.0 |
CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LTD | 19,452.90 | 5.29 | 102,831.0 |
SHRIRAM FINANCE LTD | 48,874.60 | 2.00 | 97,925.7 |
SBI CARDS AND PAYMENT SERVICES LTD | 12,071.20 | 5.62 | 67,817.2 |
MUTHOOT FINANCE LTD | 25,106.10 | 3.35 | 84,068.5 |
ADITYA BIRLA CAPITAL LTD | 26,510.00 | 1.67 | 44,232.4 |
SUNDARAM FINANCE LTD | 11,071.40 | 4.51 | 49,912.9 |
L&T FINANCE HOLDINGS LTD | 23,328.80 | 1.40 | 32,550.2 |
POONAWALLA FINCORP LTD | 8,103.55 | 2.90 | 23,522.6 |
Finance - NBFC Industry Benchmark (Top 10) PB Analysis vs ACME RESOURCES 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.40x |
Max industry PB | 5.85x |
Median industry PB | 2.90x |
Average industry PB | 3.29x |
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