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ASHOKA BUILDCON
PB (Price/Book ) Ratio

The Current P/B Ratio of ASHOKA BUILDCON is 3.43.

Share Price ₹271.0Sep 06,2024
Market Cap ₹7,607.0 Cr
Book Value₹2,220.3 CrMar2024 - Consolidated Results
Price/Book 3.43xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of ASHOKA BUILDCON

Price-to-Book ratio, P/B Multiple, or P/B Ratio is an important valuation multiple that is defined as:

P/B = Market Capitalization / Book Value

or, using per-share numbers:

P/B = Stock Price / Book Value Per Share

Applying the above formula, P/B ratio of ASHOKA BUILDCON is calculated as :

Current Market Cap [ ₹7,607.0 Cr] as on Sep 06,2024

(/) Book Value [ ₹2,220.3 Cr] based on Mar2024 - Consolidated Results

(=) P/B Ratio [ 3.43x ]

P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.

Thus, for ASHOKA BUILDCON , the investors are currently willing to pay '3.43 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 ASHOKA BUILDCON !

The chart below summarizes the trend in P/B Ratio of ASHOKA BUILDCON over the last five years.

Historical PB (Price/Book ) ratio chart of ASHOKA BUILDCON


PB Ratio Performance Analysis for ASHOKA BUILDCON

- ASHOKA BUILDCON 's latest p/b ratio is 3.43x.

- ASHOKA BUILDCON 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 4.59x.

- ASHOKA BUILDCON 's operated at median p/b ratio of 2.8x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ASHOKA BUILDCON 's p/b ratio peaked in Mar2019 at 12.61x.

- ASHOKA BUILDCON 's p/b ratio hit its five-year low in Mar2023 of 1.18x.


How does ASHOKA BUILDCON 's P/B Ratio benchmark against top 10 peers in Engineering - Construction Industry?

Peer Comparison (Engineering - Construction Industry)Book ValuePB RatioMarket Cap
ASHOKA BUILDCON 2,220.253.437,607.0
LARSEN & TOUBRO LTD85,808.705.73491,444.0
RAIL VIKAS NIGAM LTD8,745.6813.58118,742.0
GMR AIRPORTS INFRASTRUCTURE LTD-2,164.16-44.4396,150.0
IRB INFRASTRUCTURE DEVELOPERS LTD13,744.502.7237,357.2
IRCON INTERNATIONAL LTD5,870.923.9323,089.7
KEC INTERNATIONAL LTD4,095.706.2325,516.0
KALPATARU PROJECTS INTERNATIONAL LTD5,137.994.4322,764.4
NCC LTD6,639.702.9919,861.9
GR INFRAPROJECTS LTD7,584.662.0815,782.1
STERLING AND WILSON RENEWABLE ENERGY LTD963.2017.1016,466.3

Engineering - Construction Industry Benchmark (Top 10) PB Analysis vs ASHOKA BUILDCON 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB -44.43x
Max industry PB 17.10x
Median industry PB 3.93x
Average industry PB 1.62x



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