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ASIAN STAR COMPANY
PB (Price/Book ) Ratio

The Current P/B Ratio of ASIAN STAR COMPANY is 0.87.

Share Price ₹822.6Dec 12,2024
Market Cap ₹1,316.1 Cr
Book Value₹1,512.7 CrMar2024 - Consolidated Results
Price/Book 0.87xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of ASIAN STAR COMPANY

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 STAR COMPANY is calculated as :

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 ]

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

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 latest p/b ratio is 0.87x.

- 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 ValuePB RatioMarket Cap
ASIAN STAR COMPANY 1,512.720.871,316.1
TITAN COMPANY LTD9,345.0032.75306,011.0
KALYAN JEWELLERS INDIA LTD4,178.0418.7578,332.4
RAJESH EXPORTS LTD15,246.900.466,999.1
SENCO GOLD LTD1,364.496.659,075.3
THANGAMAYIL JEWELLERY LTD493.1811.625,728.5
PC JEWELLER LTD2,931.353.249,505.5
GOLDIAM INTERNATIONAL LTD630.467.074,458.7
DP ABHUSHAN LTD238.7515.473,693.6
RENAISSANCE GLOBAL LTD1,141.051.561,784.6
RADHIKA JEWELTECH LTD264.915.201,378.2

Diamond & Jewellery Industry Benchmark (Top 10) PB Analysis vs ASIAN STAR COMPANY 's P/B Ratio

Top 10 Industry PeersPB 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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