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ASIAN GRANITO INDIA
PB (Price/Book ) Ratio

The Current P/B Ratio of ASIAN GRANITO INDIA is 0.85.

Share Price ₹83.8Sep 19,2024
Market Cap ₹1,061.7 Cr
Book Value₹1,242.9 CrMar2024 - Consolidated Results
Price/Book 0.85xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of ASIAN GRANITO INDIA

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 ASIAN GRANITO INDIA is calculated as :

Current Market Cap [ ₹1,061.7 Cr] as on Sep 19,2024

(/) Book Value [ ₹1,242.9 Cr] based on Mar2024 - Consolidated Results

(=) P/B Ratio [ 0.85x ]

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

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 latest p/b ratio is 0.85x.

- 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 ValuePB RatioMarket Cap
ASIAN GRANITO INDIA 1,242.900.851,061.7
KAJARIA CERAMICS LTD2,601.049.1223,727.9
CERA SANITARYWARE LTD1,345.797.8610,573.6
SOMANY CERAMICS LTD713.274.162,964.6
POKARNA LTD592.335.663,352.0
GLOBAL SURFACES LTD280.633.33934.3
ORIENT BELL LTD309.031.71529.9
NITCO LTD-512.17-1.16595.4
EXXARO TILES LTD276.741.30360.2
MURUDESHWAR CERAMICS LTD365.500.99360.1
ASI INDUSTRIES LTD322.161.21389.7

Ceramics/Marble/Granite/Sanitaryware Industry Benchmark (Top 10) PB Analysis vs ASIAN GRANITO INDIA 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB -1.16x
Max industry PB 9.12x
Median industry PB 1.71x
Average industry PB 3.18x



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