Home > PB Ratio > COROMANDEL ENGINEERING COMPANY

COROMANDEL ENGINEERING COMPANY
PB (Price/Book ) Ratio

The Current P/B Ratio of COROMANDEL ENGINEERING COMPANY is 57.20.

Share Price ₹59.9Feb 21,2025
Market Cap ₹198.8 Cr
Book Value₹3.5 CrMar2024 - Standalone Results
Price/Book 57.20xCalculated as MarketCap/Book Value
Explore Stock Analytics
COMMUNITY POLL
for COROMANDEL ENGINEERING COMPANY
Please provide your vote to see the results
COROMANDEL ENGINEERING COMPANY is part of below Screeners ↓
Best Quarterly Growth Small Cap Stocks
Best 1M Momentum Small Cap Stocks

Definition & Calculation of PB (Price/Book ) ratio of COROMANDEL ENGINEERING COMPANY

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

Applying the above formula, P/B ratio of COROMANDEL ENGINEERING COMPANY is calculated as :

Current Market Cap [ ₹198.8 Cr] as on Feb 21,2025

(/) Book Value [ ₹3.5 Cr] based on Mar2024 - Standalone Results

(=) P/B Ratio [ 57.20x ]

P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.

Thus, for COROMANDEL ENGINEERING COMPANY , the investors are currently willing to pay '57.20 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 latest p/b ratio is 57.20x.

- 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 ValuePB RatioMarket Cap
COROMANDEL ENGINEERING COMPANY 3.4857.20198.8
LARSEN & TOUBRO LTD85,808.705.17443,714.0
RAIL VIKAS NIGAM LTD8,745.688.6675,748.8
IRB INFRASTRUCTURE DEVELOPERS LTD13,744.502.0427,996.8
KEC INTERNATIONAL LTD4,095.704.8319,789.3
AFCONS INFRASTRUCTURE LTD3,595.964.5816,471.2
KALPATARU PROJECTS INTERNATIONAL LTD5,137.993.0115,452.3
IRCON INTERNATIONAL LTD5,870.922.4614,460.4
NCC LTD6,639.701.7111,364.0
TECHNO ELECTRIC & ENGINEERING COMPANY LTD2,163.215.1411,120.6
GR INFRAPROJECTS LTD7,584.661.299,771.3

Engineering - Construction Industry Benchmark (Top 10) PB Analysis vs COROMANDEL ENGINEERING COMPANY 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 1.29x
Max industry PB 57.20x
Median industry PB 4.58x
Average industry PB 8.74x



You may also like the below Video Courses