ASIAN GRANITO INDIA
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The Current P/B Ratio of ASIAN GRANITO INDIA is 0.85.
Share Price | ₹72.2 | Dec 03,2024 |
Market Cap | ₹1,061.5 Cr | |
Book Value | ₹1,242.9 Cr | Mar2024 - Consolidated Results |
Price/Book | 0.85x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of ASIAN GRANITO INDIA
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹1,061.5 Cr] as on Dec 03,2024
(/) Book Value [ ₹1,242.9 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 0.85x ]
Thus, for ASIAN GRANITO INDIA , the investors are currently willing to pay '0.85 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 ASIAN GRANITO INDIA !
The chart below summarizes the trend in P/B Ratio of ASIAN GRANITO INDIA over the last five years.
Historical PB (Price/Book ) ratio chart of ASIAN GRANITO INDIA
PB Ratio Performance Analysis for ASIAN GRANITO INDIA
- ASIAN GRANITO INDIA 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.67x.
- ASIAN GRANITO INDIA 's operated at median p/b ratio of 0.61x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ASIAN GRANITO INDIA 's p/b ratio peaked in Mar2020 at 1x.
- ASIAN GRANITO INDIA 's p/b ratio hit its five-year low in Mar2023 of 0.35x.
How does ASIAN GRANITO INDIA 's P/B Ratio benchmark against top 10 peers in Ceramics/Marble/Granite/Sanitaryware Industry?
Peer Comparison (Ceramics/Marble/Granite/Sanitaryware Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
ASIAN GRANITO INDIA | 1,242.90 | 0.85 | 1,061.5 |
KAJARIA CERAMICS LTD | 2,601.04 | 7.45 | 19,384.2 |
CERA SANITARYWARE LTD | 1,345.79 | 7.51 | 10,101.5 |
SOMANY CERAMICS LTD | 713.27 | 3.98 | 2,841.8 |
POKARNA LTD | 592.33 | 6.33 | 3,751.0 |
GLOBAL SURFACES LTD | 280.63 | 2.85 | 798.9 |
ORIENT BELL LTD | 309.03 | 1.53 | 472.0 |
NITCO LTD | -512.17 | -1.77 | 905.1 |
EXXARO TILES LTD | 276.74 | 1.67 | 461.1 |
MURUDESHWAR CERAMICS LTD | 365.50 | 0.89 | 326.5 |
ASI INDUSTRIES LTD | 322.16 | 1.22 | 391.9 |
Ceramics/Marble/Granite/Sanitaryware Industry Benchmark (Top 10) PB Analysis vs ASIAN GRANITO INDIA 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | -1.77x |
Max industry PB | 7.51x |
Median industry PB | 1.67x |
Average industry PB | 2.96x |
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