ASTRAL
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The Current P/B Ratio of ASTRAL is 11.01.
Share Price | ₹1,306.7 | Apr 17,2025 |
Market Cap | ₹35,098.0 Cr | |
Book Value | ₹3,186.5 Cr | Mar2024 - Consolidated Results |
Price/Book | 11.01x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of ASTRAL
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹35,098.0 Cr] as on Apr 17,2025
(/) Book Value [ ₹3,186.5 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 11.01x ]
Thus, for ASTRAL , the investors are currently willing to pay '11.01 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 ASTRAL !
The chart below summarizes the trend in P/B Ratio of ASTRAL over the last five years.
Historical PB (Price/Book ) ratio chart of ASTRAL
PB Ratio Performance Analysis for ASTRAL
- ASTRAL 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 14.79x.
- ASTRAL 's operated at median p/b ratio of 16.81x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ASTRAL 's p/b ratio peaked in Mar2022 at 17.42x.
- ASTRAL 's p/b ratio hit its five-year low in Mar2020 of 9.3x.
How does ASTRAL 's P/B Ratio benchmark against top 10 peers in Plastic Products Industry?
Peer Comparison (Plastic Products Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
ASTRAL | 3,186.50 | 11.01 | 35,098.0 |
SUPREME INDUSTRIES LTD | 5,108.83 | 8.44 | 43,106.6 |
FINOLEX INDUSTRIES LTD | 5,634.27 | 1.93 | 10,883.2 |
GARWARE HITECH FILMS LTD | 2,044.80 | 3.60 | 7,362.2 |
TIME TECHNOPLAST LTD | 2,552.22 | 3.14 | 8,016.3 |
EPL LTD | 2,054.60 | 3.09 | 6,356.2 |
SHAILY ENGINEERING PLASTICS LTD | 458.08 | 18.38 | 8,417.6 |
RESPONSIVE INDUSTRIES LTD | 1,137.06 | 4.56 | 5,185.5 |
JAIN IRRIGATION SYSTEMS LTD | 5,391.74 | 0.69 | 3,726.6 |
POLYPLEX CORPORATION LTD | 3,511.13 | 1.13 | 3,969.4 |
KINGFA SCIENCE & TECHNOLOGY (INDIA) LTD | 588.58 | 6.40 | 3,767.3 |
Plastic Products Industry Benchmark (Top 10) PB Analysis vs ASTRAL 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 0.69x |
Max industry PB | 18.38x |
Median industry PB | 3.60x |
Average industry PB | 5.67x |
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