ASTRA MICROWAVE PRODUCTS
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The Current P/B Ratio of ASTRA MICROWAVE PRODUCTS is 7.52.
Share Price | ₹765.7 | Nov 27,2024 |
Market Cap | ₹7,266.0 Cr | |
Book Value | ₹966.2 Cr | Mar2024 - Consolidated Results |
Price/Book | 7.52x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of ASTRA MICROWAVE PRODUCTS
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹7,266.0 Cr] as on Nov 27,2024
(/) Book Value [ ₹966.2 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 7.52x ]
Thus, for ASTRA MICROWAVE PRODUCTS , the investors are currently willing to pay '7.52 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 ASTRA MICROWAVE PRODUCTS !
The chart below summarizes the trend in P/B Ratio of ASTRA MICROWAVE PRODUCTS over the last five years.
Historical PB (Price/Book ) ratio chart of ASTRA MICROWAVE PRODUCTS
PB Ratio Performance Analysis for ASTRA MICROWAVE PRODUCTS
- ASTRA MICROWAVE PRODUCTS 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 3.01x.
- ASTRA MICROWAVE PRODUCTS 's operated at median p/b ratio of 3.03x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ASTRA MICROWAVE PRODUCTS 's p/b ratio peaked in Mar2024 at 5.85x.
- ASTRA MICROWAVE PRODUCTS 's p/b ratio hit its five-year low in Mar2020 of 0.83x.
How does ASTRA MICROWAVE PRODUCTS 's P/B Ratio benchmark against top 10 peers in Defence Industry?
Peer Comparison (Defence Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
ASTRA MICROWAVE PRODUCTS | 966.19 | 7.52 | 7,266.0 |
HINDUSTAN AERONAUTICS LTD | 29,138.20 | 10.28 | 299,504.0 |
BHARAT DYNAMICS LTD | 3,636.82 | 11.27 | 40,989.0 |
DATA PATTERNS (INDIA) LTD | 1,324.21 | 10.24 | 13,557.1 |
PARAS DEFENCE AND SPACE TECHNOLOGIES LTD | 444.61 | 9.80 | 4,358.4 |
ROSSELL INDIA LTD | 296.86 | 1.03 | 306.4 |
Defence Industry Benchmark (Top 10) PB Analysis vs ASTRA MICROWAVE PRODUCTS 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.03x |
Max industry PB | 11.27x |
Median industry PB | 10.24x |
Average industry PB | 8.36x |
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