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BAJAJ HINDUSTHAN SUGAR
PB (Price/Book ) Ratio

The Current P/B Ratio of BAJAJ HINDUSTHAN SUGAR is 0.88.

Share Price ₹30.7May 31,2024
Market Cap ₹3,921.6 Cr
Book Value₹4,475.1 CrMar2024 - Consolidated Results
Price/Book 0.88xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of BAJAJ HINDUSTHAN SUGAR

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 BAJAJ HINDUSTHAN SUGAR is calculated as :

Current Market Cap [ ₹3,921.6 Cr] as on May 31,2024

(/) Book Value [ ₹4,475.1 Cr] based on Mar2024 - Consolidated Results

(=) P/B Ratio [ 0.88x ]

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

Thus, for BAJAJ HINDUSTHAN SUGAR , the investors are currently willing to pay '0.88 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 BAJAJ HINDUSTHAN SUGAR !

The chart below summarizes the trend in P/B Ratio of BAJAJ HINDUSTHAN SUGAR over the last five years.

Historical PB (Price/Book ) ratio chart of BAJAJ HINDUSTHAN SUGAR


PB Ratio Performance Analysis for BAJAJ HINDUSTHAN SUGAR

- BAJAJ HINDUSTHAN SUGAR 's latest p/b ratio is 0.88x.

- BAJAJ HINDUSTHAN SUGAR 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.47x.

- BAJAJ HINDUSTHAN SUGAR 's operated at median p/b ratio of 0.36x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, BAJAJ HINDUSTHAN SUGAR 's p/b ratio peaked in Mar2024 at 0.81x.

- BAJAJ HINDUSTHAN SUGAR 's p/b ratio hit its five-year low in Mar2020 of 0.11x.


How does BAJAJ HINDUSTHAN SUGAR 's P/B Ratio benchmark against top 10 peers in Sugar Industry?

Peer Comparison (Sugar Industry)Book ValuePB RatioMarket Cap
BAJAJ HINDUSTHAN SUGAR 4,475.140.883,921.6
EID PARRY (INDIA) LTD7,058.251.6811,854.6
SHREE RENUKA SUGARS LTD-881.22-9.698,539.5
BALRAMPUR CHINI MILLS LTD3,400.962.257,636.2
TRIVENI ENGINEERING & INDUSTRIES LTD2,900.902.487,186.4
BANNARI AMMAN SUGARS LTD1,688.401.762,976.9
DALMIA BHARAT SUGAR AND INDUSTRIES LTD2,931.481.023,000.0
PICCADILY AGRO INDUSTRIES LTD339.7121.517,307.5
DCM SHRIRAM INDUSTRIES LTD815.382.271,846.8
DWARIKESH SUGAR INDUSTRIES LTD822.081.541,262.8
DHAMPUR SUGAR MILLS LTD1,100.331.291,420.9

Sugar Industry Benchmark (Top 10) PB Analysis vs BAJAJ HINDUSTHAN SUGAR 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB -9.69x
Max industry PB 21.51x
Median industry PB 1.68x
Average industry PB 2.45x



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