CITY UNION BANK
|
The Current P/B Ratio of CITY UNION BANK is 1.55.
Share Price | ₹175.6 | Oct 31,2024 |
Market Cap | ₹13,006.7 Cr | |
Book Value | ₹8,401.4 Cr | Mar2024 - Standalone Results |
Price/Book | 1.55x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of CITY UNION BANK
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹13,006.7 Cr] as on Oct 31,2024
(/) Book Value [ ₹8,401.4 Cr] based on Mar2024 - Standalone Results
(=) P/B Ratio [ 1.55x ]
Thus, for CITY UNION BANK , the investors are currently willing to pay '1.55 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 CITY UNION BANK !
The chart below summarizes the trend in P/B Ratio of CITY UNION BANK over the last five years.
Historical PB (Price/Book ) ratio chart of CITY UNION BANK
PB Ratio Performance Analysis for CITY UNION BANK
- CITY UNION BANK 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.53x.
- CITY UNION BANK 's operated at median p/b ratio of 1.45x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, CITY UNION BANK 's p/b ratio peaked in Mar2021 at 1.97x.
- CITY UNION BANK 's p/b ratio hit its five-year low in Mar2024 of 1.19x.
How does CITY UNION BANK 's P/B Ratio benchmark against top 10 peers in Bank - Private Industry?
Peer Comparison (Bank - Private Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
CITY UNION BANK | 8,401.43 | 1.55 | 13,006.7 |
HDFC BANK LTD | 453,743.00 | 2.92 | 1,325,780.0 |
ICICI BANK LTD | 254,739.00 | 3.58 | 911,124.0 |
KOTAK MAHINDRA BANK LTD | 129,892.00 | 2.65 | 344,052.0 |
AXIS BANK LTD | 156,129.00 | 2.30 | 358,423.0 |
INDUSIND BANK LTD | 63,104.00 | 1.30 | 82,242.2 |
IDBI BANK LTD | 51,073.10 | 1.76 | 89,879.3 |
YES BANK LTD | 41,148.10 | 1.55 | 63,982.1 |
IDFC FIRST BANK LTD | 32,214.70 | 1.50 | 48,250.8 |
AU SMALL FINANCE BANK LTD | 12,496.80 | 3.65 | 45,551.7 |
THE FEDERAL BANK LTD | 30,101.60 | 1.66 | 50,059.7 |
Bank - Private Industry Benchmark (Top 10) PB Analysis vs CITY UNION BANK 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.30x |
Max industry PB | 3.65x |
Median industry PB | 1.76x |
Average industry PB | 2.22x |
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