AKI INDIA
|
The Current P/B Ratio of AKI INDIA is 3.10.
Share Price | ₹20.9 | Sep 06,2024 |
Market Cap | ₹185.1 Cr | |
Book Value | ₹59.7 Cr | Mar2024 - Consolidated Results |
Price/Book | 3.10x | Calculated as MarketCap/Book Value |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of AKI INDIA
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹185.1 Cr] as on Sep 06,2024
(/) Book Value [ ₹59.7 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 3.10x ]
Thus, for AKI INDIA , the investors are currently willing to pay '3.10 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 AKI INDIA !
The chart below summarizes the trend in P/B Ratio of AKI INDIA over the last five years.
Historical PB (Price/Book ) ratio chart of AKI INDIA
PB Ratio Performance Analysis for AKI INDIA
- AKI INDIA 's p/b ratio for fiscal years ending Mar2023 to Mar2016 averaged 1.85x.
- AKI INDIA 's operated at median p/b ratio of 0x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, AKI INDIA 's p/b ratio peaked in Mar2023 at 6.68x.
- AKI INDIA 's p/b ratio hit its five-year low in Mar2018 of 0x.
How does AKI INDIA 's P/B Ratio benchmark against top 10 peers in Leather Industry?
Peer Comparison (Leather Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
AKI INDIA | 59.71 | 3.10 | 185.1 |
BHARTIYA INTERNATIONAL LTD | 389.99 | 1.63 | 635.0 |
SUPER TANNERY LTD | 91.80 | 1.55 | 142.4 |
Leather Industry Benchmark (Top 10) PB Analysis vs AKI INDIA 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.55x |
Max industry PB | 3.10x |
Median industry PB | 1.63x |
Average industry PB | 2.09x |
You may also like the below Video Courses