ADANI TOTAL GAS
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The Current P/B Ratio of ADANI TOTAL GAS is 20.65.
Share Price | ₹672.3 | Nov 19,2024 |
Market Cap | ₹73,934.1 Cr | |
Book Value | ₹3,580.3 Cr | Mar2024 - Consolidated Results |
Price/Book | 20.65x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of ADANI TOTAL GAS
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹73,934.1 Cr] as on Nov 19,2024
(/) Book Value [ ₹3,580.3 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 20.65x ]
Thus, for ADANI TOTAL GAS , the investors are currently willing to pay '20.65 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 ADANI TOTAL GAS !
The chart below summarizes the trend in P/B Ratio of ADANI TOTAL GAS over the last five years.
Historical PB (Price/Book ) ratio chart of ADANI TOTAL GAS
PB Ratio Performance Analysis for ADANI TOTAL GAS
- ADANI TOTAL GAS 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 43.96x.
- ADANI TOTAL GAS 's operated at median p/b ratio of 32.43x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ADANI TOTAL GAS 's p/b ratio peaked in Mar2022 at 97.81x.
- ADANI TOTAL GAS 's p/b ratio hit its five-year low in Mar2020 of 6.46x.
How does ADANI TOTAL GAS 's P/B Ratio benchmark against top 10 peers in Gas Transmission/Marketing Industry?
Peer Comparison (Gas Transmission/Marketing Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
ADANI TOTAL GAS | 3,580.32 | 20.65 | 73,934.1 |
GUJARAT GAS LTD | 7,722.48 | 4.02 | 31,032.6 |
INDRAPRASTHA GAS LTD | 9,633.37 | 2.33 | 22,421.0 |
GUJARAT STATE PETRONET LTD | 10,824.90 | 1.69 | 18,331.2 |
MAHANAGAR GAS LTD | 5,142.87 | 2.16 | 11,123.4 |
CONFIDENCE FUTURISTIC ENERGETECH LTD | 156.90 | 1.03 | 161.3 |
Gas Transmission/Marketing Industry Benchmark (Top 10) PB Analysis vs ADANI TOTAL GAS 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.03x |
Max industry PB | 20.65x |
Median industry PB | 2.33x |
Average industry PB | 5.31x |
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