BANK OF BARODA
|
The Current P/B Ratio of BANK OF BARODA is 1.02.
Share Price | ₹236.1 | Nov 22,2024 |
Market Cap | ₹122,096.8 Cr | |
Book Value | ₹119,712.0 Cr | Mar2024 - Consolidated Results |
Price/Book | 1.02x | Calculated as MarketCap/Book Value |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of BANK OF BARODA
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹122,096.8 Cr] as on Nov 22,2024
(/) Book Value [ ₹119,712.0 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 1.02x ]
Thus, for BANK OF BARODA, the investors are currently willing to pay '1.02 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 BANK OF BARODA!
The chart below summarizes the trend in P/B Ratio of BANK OF BARODA over the last five years.
Historical PB (Price/Book ) ratio chart of BANK OF BARODA
PB Ratio Performance Analysis for BANK OF BARODA
- BANK OF BARODA's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.68x.
- BANK OF BARODA's operated at median p/b ratio of 0.63x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, BANK OF BARODA's p/b ratio peaked in Mar2024 at 1.14x.
- BANK OF BARODA's p/b ratio hit its five-year low in Mar2020 of 0.35x.
How does BANK OF BARODA's P/B Ratio benchmark against top 10 peers in Bank - Public Industry?
Peer Comparison (Bank - Public Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
BANK OF BARODA | 119,712.00 | 1.02 | 122,096.8 |
STATE BANK OF INDIA | 414,939.00 | 1.76 | 728,293.0 |
PUNJAB NATIONAL BANK | 110,387.00 | 1.04 | 114,723.0 |
UNION BANK OF INDIA | 97,597.70 | 0.90 | 87,748.3 |
INDIAN OVERSEAS BANK | 27,561.40 | 3.45 | 95,116.9 |
CANARA BANK | 92,133.20 | 0.95 | 87,940.0 |
INDIAN BANK | 60,248.20 | 1.19 | 71,618.1 |
BANK OF INDIA | 70,581.30 | 0.67 | 46,960.8 |
UCO BANK | 27,213.80 | 1.84 | 50,083.5 |
CENTRAL BANK OF INDIA | 32,374.40 | 1.40 | 45,427.4 |
BANK OF MAHARASHTRA | 19,870.60 | 2.05 | 40,719.1 |
Bank - Public Industry Benchmark (Top 10) PB Analysis vs BANK OF BARODA's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 0.67x |
Max industry PB | 3.45x |
Median industry PB | 1.19x |
Average industry PB | 1.48x |
You may also like the below Video Courses