BOROSIL RENEWABLES
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The Current P/B Ratio of BOROSIL RENEWABLES is 8.58.
Share Price | ₹572.7 | Jan 17,2025 |
Market Cap | ₹7,479.5 Cr | |
Book Value | ₹871.5 Cr | Mar2024 - Consolidated Results |
Price/Book | 8.58x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of BOROSIL RENEWABLES
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹7,479.5 Cr] as on Jan 17,2025
(/) Book Value [ ₹871.5 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 8.58x ]
Thus, for BOROSIL RENEWABLES , the investors are currently willing to pay '8.58 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 BOROSIL RENEWABLES !
The chart below summarizes the trend in P/B Ratio of BOROSIL RENEWABLES over the last five years.
Historical PB (Price/Book ) ratio chart of BOROSIL RENEWABLES
PB Ratio Performance Analysis for BOROSIL RENEWABLES
- BOROSIL RENEWABLES 's p/b ratio for fiscal years ending Mar2024 to Mar2017 averaged 3.97x.
- BOROSIL RENEWABLES 's operated at median p/b ratio of 2.35x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, BOROSIL RENEWABLES 's p/b ratio peaked in Mar2024 at 7.46x.
- BOROSIL RENEWABLES 's p/b ratio hit its five-year low in Mar2017 of 1.88x.
How does BOROSIL RENEWABLES 's P/B Ratio benchmark against top 10 peers in Glass Industry?
Peer Comparison (Glass Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
BOROSIL RENEWABLES | 871.52 | 8.58 | 7,479.5 |
ASAHI INDIA GLASS LTD | 2,353.45 | 6.77 | 15,922.4 |
LA OPALA RG LTD | 851.53 | 3.97 | 3,383.8 |
HALDYN GLASS LTD | 199.26 | 3.78 | 753.3 |
EMPIRE INDUSTRIES LTD | 300.22 | 2.27 | 681.2 |
SEJAL GLASS LTD | 29.11 | 19.43 | 565.7 |
HINDUSTHAN NATIONAL GLASS & INDUSTRIES LTD | -832.29 | -0.24 | 201.5 |
Glass Industry Benchmark (Top 10) PB Analysis vs BOROSIL RENEWABLES 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | -0.24x |
Max industry PB | 19.43x |
Median industry PB | 3.97x |
Average industry PB | 6.37x |
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