COROMANDEL ENGINEERING COMPANY
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The Current P/B Ratio of COROMANDEL ENGINEERING COMPANY is 52.01.
Share Price | ₹54.4 | Dec 30,2024 |
Market Cap | ₹180.7 Cr | |
Book Value | ₹3.5 Cr | Mar2024 - Standalone Results |
Price/Book | 52.01x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of COROMANDEL ENGINEERING COMPANY
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹180.7 Cr] as on Dec 30,2024
(/) Book Value [ ₹3.5 Cr] based on Mar2024 - Standalone Results
(=) P/B Ratio [ 52.01x ]
Thus, for COROMANDEL ENGINEERING COMPANY , the investors are currently willing to pay '52.01 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 COROMANDEL ENGINEERING COMPANY !
The chart below summarizes the trend in P/B Ratio of COROMANDEL ENGINEERING COMPANY over the last five years.
Historical PB (Price/Book ) ratio chart of COROMANDEL ENGINEERING COMPANY
PB Ratio Performance Analysis for COROMANDEL ENGINEERING COMPANY
- COROMANDEL ENGINEERING COMPANY 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 117.14x.
- COROMANDEL ENGINEERING COMPANY 's operated at median p/b ratio of -4.7x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, COROMANDEL ENGINEERING COMPANY 's p/b ratio peaked in Mar2020 at 556.25x.
- COROMANDEL ENGINEERING COMPANY 's p/b ratio hit its five-year low in Mar2021 of -11.42x.
How does COROMANDEL ENGINEERING COMPANY 's P/B Ratio benchmark against top 10 peers in Engineering - Construction Industry?
Peer Comparison (Engineering - Construction Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
COROMANDEL ENGINEERING COMPANY | 3.48 | 52.01 | 180.7 |
LARSEN & TOUBRO LTD | 85,808.70 | 5.74 | 492,620.0 |
RAIL VIKAS NIGAM LTD | 8,745.68 | 9.75 | 85,298.2 |
GMR AIRPORTS INFRASTRUCTURE LTD | -2,164.16 | -37.72 | 81,642.0 |
IRB INFRASTRUCTURE DEVELOPERS LTD | 13,744.50 | 2.44 | 33,595.0 |
IRCON INTERNATIONAL LTD | 5,870.92 | 3.36 | 19,699.1 |
KEC INTERNATIONAL LTD | 4,095.70 | 7.79 | 31,886.8 |
KALPATARU PROJECTS INTERNATIONAL LTD | 5,137.99 | 4.25 | 21,817.1 |
NCC LTD | 6,639.70 | 2.55 | 16,945.6 |
GR INFRAPROJECTS LTD | 7,584.66 | 1.85 | 14,026.9 |
STERLING AND WILSON RENEWABLE ENERGY LTD | 963.20 | 11.04 | 10,633.3 |
Engineering - Construction Industry Benchmark (Top 10) PB Analysis vs COROMANDEL ENGINEERING COMPANY 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | -37.72x |
Max industry PB | 52.01x |
Median industry PB | 4.25x |
Average industry PB | 5.73x |
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