APCOTEX INDUSTRIES
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The Current P/B Ratio of APCOTEX INDUSTRIES is 3.84.
Share Price | ₹386.9 | Nov 21,2024 |
Market Cap | ₹2,004.1 Cr | |
Book Value | ₹521.7 Cr | Mar2024 - Standalone Results |
Price/Book | 3.84x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of APCOTEX INDUSTRIES
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹2,004.1 Cr] as on Nov 21,2024
(/) Book Value [ ₹521.7 Cr] based on Mar2024 - Standalone Results
(=) P/B Ratio [ 3.84x ]
Thus, for APCOTEX INDUSTRIES , the investors are currently willing to pay '3.84 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 APCOTEX INDUSTRIES !
The chart below summarizes the trend in P/B Ratio of APCOTEX INDUSTRIES over the last five years.
Historical PB (Price/Book ) ratio chart of APCOTEX INDUSTRIES
PB Ratio Performance Analysis for APCOTEX INDUSTRIES
- APCOTEX INDUSTRIES 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 3.80x.
- APCOTEX INDUSTRIES 's operated at median p/b ratio of 4.38x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, APCOTEX INDUSTRIES 's p/b ratio peaked in Mar2023 at 5.31x.
- APCOTEX INDUSTRIES 's p/b ratio hit its five-year low in Mar2020 of 1.63x.
How does APCOTEX INDUSTRIES 's P/B Ratio benchmark against top 10 peers in Rubber Products Industry?
Peer Comparison (Rubber Products Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
APCOTEX INDUSTRIES | 521.74 | 3.84 | 2,004.1 |
PIX TRANSMISSIONS LTD | 492.69 | 6.06 | 2,985.3 |
GRP LTD | 166.74 | 10.17 | 1,695.8 |
RUBFILA INTERNATIONAL LTD | 270.63 | 1.46 | 394.2 |
INDAG RUBBER LTD | 226.83 | 2.21 | 501.0 |
CAPTAIN PIPES LTD | 25.51 | 8.21 | 209.5 |
SOMI CONVEYOR BELTINGS LTD | 71.05 | 2.84 | 201.6 |
DOLFIN RUBBERS LTD | 28.28 | 7.04 | 199.1 |
Rubber Products Industry Benchmark (Top 10) PB Analysis vs APCOTEX INDUSTRIES 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.46x |
Max industry PB | 10.17x |
Median industry PB | 6.06x |
Average industry PB | 5.23x |
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