ASIAN STAR COMPANY
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The Current P/B Ratio of ASIAN STAR COMPANY is 0.87.
Share Price | ₹822.6 | Dec 12,2024 |
Market Cap | ₹1,316.1 Cr | |
Book Value | ₹1,512.7 Cr | Mar2024 - Consolidated Results |
Price/Book | 0.87x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of ASIAN STAR COMPANY
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹1,316.1 Cr] as on Dec 12,2024
(/) Book Value [ ₹1,512.7 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 0.87x ]
Thus, for ASIAN STAR COMPANY , the investors are currently willing to pay '0.87 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 STAR COMPANY !
The chart below summarizes the trend in P/B Ratio of ASIAN STAR COMPANY over the last five years.
Historical PB (Price/Book ) ratio chart of ASIAN STAR COMPANY
PB Ratio Performance Analysis for ASIAN STAR COMPANY
- ASIAN STAR COMPANY 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.90x.
- ASIAN STAR COMPANY 's operated at median p/b ratio of 0.91x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ASIAN STAR COMPANY 's p/b ratio peaked in Mar2021 at 1.04x.
- ASIAN STAR COMPANY 's p/b ratio hit its five-year low in Mar2023 of 0.77x.
How does ASIAN STAR COMPANY 's P/B Ratio benchmark against top 10 peers in Diamond & Jewellery Industry?
Peer Comparison (Diamond & Jewellery Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
ASIAN STAR COMPANY | 1,512.72 | 0.87 | 1,316.1 |
TITAN COMPANY LTD | 9,345.00 | 32.75 | 306,011.0 |
KALYAN JEWELLERS INDIA LTD | 4,178.04 | 18.75 | 78,332.4 |
RAJESH EXPORTS LTD | 15,246.90 | 0.46 | 6,999.1 |
SENCO GOLD LTD | 1,364.49 | 6.65 | 9,075.3 |
THANGAMAYIL JEWELLERY LTD | 493.18 | 11.62 | 5,728.5 |
PC JEWELLER LTD | 2,931.35 | 3.24 | 9,505.5 |
GOLDIAM INTERNATIONAL LTD | 630.46 | 7.07 | 4,458.7 |
DP ABHUSHAN LTD | 238.75 | 15.47 | 3,693.6 |
RENAISSANCE GLOBAL LTD | 1,141.05 | 1.56 | 1,784.6 |
RADHIKA JEWELTECH LTD | 264.91 | 5.20 | 1,378.2 |
Diamond & Jewellery Industry Benchmark (Top 10) PB Analysis vs ASIAN STAR COMPANY 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 0.46x |
Max industry PB | 32.75x |
Median industry PB | 6.65x |
Average industry PB | 9.42x |
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