COSCO (INDIA)
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The Current P/B Ratio of COSCO (INDIA) is 2.90.
Share Price | ₹343.6 | Sep 06,2024 |
Market Cap | ₹144.3 Cr | |
Book Value | ₹49.8 Cr | Mar2024 - Standalone Results |
Price/Book | 2.90x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of COSCO (INDIA)
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹144.3 Cr] as on Sep 06,2024
(/) Book Value [ ₹49.8 Cr] based on Mar2024 - Standalone Results
(=) P/B Ratio [ 2.90x ]
Thus, for COSCO (INDIA) , the investors are currently willing to pay '2.90 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 COSCO (INDIA) !
The chart below summarizes the trend in P/B Ratio of COSCO (INDIA) over the last five years.
Historical PB (Price/Book ) ratio chart of COSCO (INDIA)
PB Ratio Performance Analysis for COSCO (INDIA)
- COSCO (INDIA) 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.36x.
- COSCO (INDIA) 's operated at median p/b ratio of 1.4x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, COSCO (INDIA) 's p/b ratio peaked in Mar2022 at 1.91x.
- COSCO (INDIA) 's p/b ratio hit its five-year low in Mar2020 of 0.65x.
How does COSCO (INDIA) 's P/B Ratio benchmark against top 10 peers in Trading Industry?
Peer Comparison (Trading Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
COSCO (INDIA) | 49.81 | 2.90 | 144.3 |
ADANI ENTERPRISES LTD | 36,452.10 | 9.31 | 339,361.0 |
REDINGTON LTD | 7,548.12 | 2.05 | 15,510.4 |
HONASA CONSUMER LTD | 1,070.46 | 16.14 | 17,272.5 |
MMTC LTD | 1,625.68 | 8.80 | 14,310.0 |
MSTC LTD | 889.04 | 5.96 | 5,296.2 |
LLOYDS ENTERPRISES LTD | 1,661.57 | 3.05 | 5,075.8 |
VERITAS (INDIA) LTD | 2,510.14 | 1.13 | 2,843.1 |
NOVARTIS INDIA LTD | 744.82 | 3.61 | 2,692.0 |
OPTIEMUS INFRACOM LTD | 382.46 | 13.19 | 5,045.4 |
MISHTANN FOODS LTD | 203.69 | 7.97 | 1,622.9 |
Trading Industry Benchmark (Top 10) PB Analysis vs COSCO (INDIA) 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.13x |
Max industry PB | 16.14x |
Median industry PB | 5.96x |
Average industry PB | 6.74x |
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