BANNARI AMMAN SUGARS
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The Current P/B Ratio of BANNARI AMMAN SUGARS is 2.52.
Share Price | ₹3,404.6 | Nov 22,2024 |
Market Cap | ₹4,255.7 Cr | |
Book Value | ₹1,688.4 Cr | Mar2024 - Standalone Results |
Price/Book | 2.52x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of BANNARI AMMAN SUGARS
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹4,255.7 Cr] as on Nov 22,2024
(/) Book Value [ ₹1,688.4 Cr] based on Mar2024 - Standalone Results
(=) P/B Ratio [ 2.52x ]
Thus, for BANNARI AMMAN SUGARS , the investors are currently willing to pay '2.52 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 BANNARI AMMAN SUGARS !
The chart below summarizes the trend in P/B Ratio of BANNARI AMMAN SUGARS over the last five years.
Historical PB (Price/Book ) ratio chart of BANNARI AMMAN SUGARS
PB Ratio Performance Analysis for BANNARI AMMAN SUGARS
- BANNARI AMMAN SUGARS 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.72x.
- BANNARI AMMAN SUGARS 's operated at median p/b ratio of 1.71x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, BANNARI AMMAN SUGARS 's p/b ratio peaked in Mar2022 at 2.36x.
- BANNARI AMMAN SUGARS 's p/b ratio hit its five-year low in Mar2020 of 0.87x.
How does BANNARI AMMAN SUGARS 's P/B Ratio benchmark against top 10 peers in Sugar Industry?
Peer Comparison (Sugar Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
BANNARI AMMAN SUGARS | 1,688.40 | 2.52 | 4,255.7 |
EID PARRY (INDIA) LTD | 7,041.16 | 2.10 | 14,770.0 |
SHREE RENUKA SUGARS LTD | -1,437.85 | -5.82 | 8,367.1 |
BALRAMPUR CHINI MILLS LTD | 3,377.00 | 3.08 | 10,396.0 |
TRIVENI ENGINEERING & INDUSTRIES LTD | 2,900.90 | 2.81 | 8,141.9 |
BAJAJ HINDUSTHAN SUGAR LTD | 4,475.14 | 0.88 | 3,931.7 |
DALMIA BHARAT SUGAR AND INDUSTRIES LTD | 2,931.48 | 1.10 | 3,223.4 |
PICCADILY AGRO INDUSTRIES LTD | 339.71 | 20.19 | 6,858.9 |
DCM SHRIRAM INDUSTRIES LTD | 815.38 | 1.92 | 1,564.1 |
DWARIKESH SUGAR INDUSTRIES LTD | 822.08 | 1.35 | 1,107.7 |
DHAMPUR SUGAR MILLS LTD | 1,100.33 | 1.01 | 1,110.0 |
Sugar Industry Benchmark (Top 10) PB Analysis vs BANNARI AMMAN SUGARS 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | -5.82x |
Max industry PB | 20.19x |
Median industry PB | 1.92x |
Average industry PB | 2.83x |
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