AVANTI FEEDS
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The Current P/B Ratio of AVANTI FEEDS is 3.45.
Share Price | ₹598.9 | Dec 03,2024 |
Market Cap | ₹8,156.3 Cr | |
Book Value | ₹2,365.5 Cr | Mar2024 - Consolidated Results |
Price/Book | 3.45x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of AVANTI FEEDS
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹8,156.3 Cr] as on Dec 03,2024
(/) Book Value [ ₹2,365.5 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 3.45x ]
Thus, for AVANTI FEEDS , the investors are currently willing to pay '3.45 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 AVANTI FEEDS !
The chart below summarizes the trend in P/B Ratio of AVANTI FEEDS over the last five years.
Historical PB (Price/Book ) ratio chart of AVANTI FEEDS
PB Ratio Performance Analysis for AVANTI FEEDS
- AVANTI FEEDS 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 2.81x.
- AVANTI FEEDS 's operated at median p/b ratio of 2.86x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, AVANTI FEEDS 's p/b ratio peaked in Mar2021 at 3.21x.
- AVANTI FEEDS 's p/b ratio hit its five-year low in Mar2023 of 2.21x.
How does AVANTI FEEDS 's P/B Ratio benchmark against top 10 peers in Consumer Food Industry?
Peer Comparison (Consumer Food Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
AVANTI FEEDS | 2,365.48 | 3.45 | 8,156.3 |
NESTLE INDIA LTD | 3,340.89 | 65.24 | 217,962.0 |
VARUN BEVERAGES LTD | 6,927.65 | 30.31 | 209,989.0 |
BRITANNIA INDUSTRIES LTD | 3,941.52 | 30.00 | 118,254.0 |
MARICO LTD | 3,763.00 | 22.07 | 83,052.1 |
JUBILANT FOODWORKS LTD | 2,127.41 | 20.36 | 43,322.1 |
HATSUN AGRO PRODUCT LTD | 1,572.25 | 15.70 | 24,686.1 |
DEVYANI INTERNATIONAL LTD | 1,031.21 | 19.32 | 19,927.5 |
BIKAJI FOODS INTERNATIONAL LTD | 1,214.51 | 16.57 | 20,123.2 |
SAPPHIRE FOODS INDIA LTD | 1,302.19 | 8.31 | 10,825.8 |
GODREJ AGROVET LTD | 2,510.04 | 5.79 | 14,533.0 |
Consumer Food Industry Benchmark (Top 10) PB Analysis vs AVANTI FEEDS 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 3.45x |
Max industry PB | 65.24x |
Median industry PB | 19.32x |
Average industry PB | 21.56x |
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