ASHAPURA MINECHEM
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The Current P/B Ratio of ASHAPURA MINECHEM is 3.67.
Share Price | ₹353.5 | Nov 29,2024 |
Market Cap | ₹3,375.9 Cr | |
Book Value | ₹920.4 Cr | Mar2024 - Consolidated Results |
Price/Book | 3.67x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of ASHAPURA MINECHEM
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹3,375.9 Cr] as on Nov 29,2024
(/) Book Value [ ₹920.4 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 3.67x ]
Thus, for ASHAPURA MINECHEM , the investors are currently willing to pay '3.67 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 ASHAPURA MINECHEM !
The chart below summarizes the trend in P/B Ratio of ASHAPURA MINECHEM over the last five years.
Historical PB (Price/Book ) ratio chart of ASHAPURA MINECHEM
PB Ratio Performance Analysis for ASHAPURA MINECHEM
- ASHAPURA MINECHEM 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 2.03x.
- ASHAPURA MINECHEM 's operated at median p/b ratio of 2.1x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ASHAPURA MINECHEM 's p/b ratio peaked in Mar2024 at 3.73x.
- ASHAPURA MINECHEM 's p/b ratio hit its five-year low in Mar2020 of 0.52x.
How does ASHAPURA MINECHEM 's P/B Ratio benchmark against top 10 peers in Mining & Minerals Industry?
Peer Comparison (Mining & Minerals Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
ASHAPURA MINECHEM | 920.36 | 3.67 | 3,375.9 |
COAL INDIA LTD | 82,729.80 | 3.10 | 256,708.0 |
NMDC LTD | 25,655.90 | 2.63 | 67,389.3 |
KIOCL LTD | 1,918.50 | 11.80 | 22,638.7 |
GUJARAT MINERAL DEVELOPMENT CORPORATION LTD | 6,116.00 | 1.80 | 10,980.5 |
SANDUR MANGANESE & IRON ORES LTD | 2,158.27 | 3.79 | 8,177.9 |
MOIL LTD | 2,453.07 | 2.62 | 6,431.2 |
RAGHAV PRODUCTIVITY ENHANCERS LTD | 158.07 | 21.51 | 3,400.0 |
20 MICRONS LTD | 352.95 | 2.32 | 820.1 |
Mining & Minerals Industry Benchmark (Top 10) PB Analysis vs ASHAPURA MINECHEM 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.80x |
Max industry PB | 21.51x |
Median industry PB | 3.10x |
Average industry PB | 5.92x |
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