COCHIN SHIPYARD
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The Current P/B Ratio of COCHIN SHIPYARD is 6.83.
| Share Price | ₹1,298.5 | Nov 22,2024 |
| Market Cap | ₹34,163.5 Cr | |
| Book Value | ₹5,003.3 Cr | Mar2024 - Consolidated Results |
| Price/Book | 6.83x | Calculated as MarketCap/Book Value |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PB (Price/Book ) ratio of COCHIN SHIPYARD
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
Current Market Cap [ ₹34,163.5 Cr] as on Nov 22,2024
(/) Book Value [ ₹5,003.3 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 6.83x ]
P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.
Thus, for COCHIN SHIPYARD , the investors are currently willing to pay '6.83 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 COCHIN SHIPYARD !
The chart below summarizes the trend in P/B Ratio of COCHIN SHIPYARD over the last five years.
Thus, for COCHIN SHIPYARD , the investors are currently willing to pay '6.83 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 COCHIN SHIPYARD !
The chart below summarizes the trend in P/B Ratio of COCHIN SHIPYARD over the last five years.
Historical PB (Price/Book ) ratio chart of COCHIN SHIPYARD
PB Ratio Performance Analysis for COCHIN SHIPYARD
- COCHIN SHIPYARD 's latest p/b ratio is 6.83x.
- COCHIN SHIPYARD 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.80x.
- COCHIN SHIPYARD 's operated at median p/b ratio of 1.22x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, COCHIN SHIPYARD 's p/b ratio peaked in Mar2024 at 4.58x.
- COCHIN SHIPYARD 's p/b ratio hit its five-year low in Mar2022 of 0.88x.
- COCHIN SHIPYARD 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.80x.
- COCHIN SHIPYARD 's operated at median p/b ratio of 1.22x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, COCHIN SHIPYARD 's p/b ratio peaked in Mar2024 at 4.58x.
- COCHIN SHIPYARD 's p/b ratio hit its five-year low in Mar2022 of 0.88x.
How does COCHIN SHIPYARD 's P/B Ratio benchmark against top 10 peers in Ship Building Industry?
| Peer Comparison (Ship Building Industry) | Book Value | PB Ratio | Market Cap |
|---|---|---|---|
| COCHIN SHIPYARD | 5,003.34 | 6.83 | 34,163.5 |
| MAZAGON DOCK SHIPBUILDERS LTD | 6,243.47 | 12.89 | 80,504.6 |
| GARDEN REACH SHIPBUILDERS & ENGINEERS LTD | 1,673.44 | 9.42 | 15,758.3 |
Ship Building Industry Benchmark (Top 10) PB Analysis vs COCHIN SHIPYARD 's P/B Ratio
| Top 10 Industry Peers | PB Ratio |
|---|---|
| Min industry PB | 6.83x |
| Max industry PB | 12.89x |
| Median industry PB | 9.42x |
| Average industry PB | 9.71x |
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