DAVANGERE SUGAR COMPANY
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The Current P/B Ratio of DAVANGERE SUGAR COMPANY is 1.62.
Share Price | ₹5.9 | Jan 17,2025 |
Market Cap | ₹550.4 Cr | |
Book Value | ₹340.0 Cr | Mar2024 - Standalone Results |
Price/Book | 1.62x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of DAVANGERE SUGAR COMPANY
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹550.4 Cr] as on Jan 17,2025
(/) Book Value [ ₹340.0 Cr] based on Mar2024 - Standalone Results
(=) P/B Ratio [ 1.62x ]
Thus, for DAVANGERE SUGAR COMPANY , the investors are currently willing to pay '1.62 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 DAVANGERE SUGAR COMPANY !
The chart below summarizes the trend in P/B Ratio of DAVANGERE SUGAR COMPANY over the last five years.
Historical PB (Price/Book ) ratio chart of DAVANGERE SUGAR COMPANY
PB Ratio Performance Analysis for DAVANGERE SUGAR COMPANY
- DAVANGERE SUGAR COMPANY 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.52x.
- DAVANGERE SUGAR COMPANY 's operated at median p/b ratio of 0.33x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, DAVANGERE SUGAR COMPANY 's p/b ratio peaked in Mar2024 at 3.83x.
- DAVANGERE SUGAR COMPANY 's p/b ratio hit its five-year low in Mar2022 of 0x.
How does DAVANGERE SUGAR COMPANY 's P/B Ratio benchmark against top 10 peers in Sugar Industry?
Peer Comparison (Sugar Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
DAVANGERE SUGAR COMPANY | 339.98 | 1.62 | 550.4 |
EID PARRY (INDIA) LTD | 7,041.16 | 2.14 | 15,070.9 |
SHREE RENUKA SUGARS LTD | -1,437.85 | -5.68 | 8,162.8 |
BALRAMPUR CHINI MILLS LTD | 3,377.00 | 2.96 | 9,998.2 |
TRIVENI ENGINEERING & INDUSTRIES LTD | 2,900.90 | 3.01 | 8,736.2 |
BAJAJ HINDUSTHAN SUGAR LTD | 4,475.14 | 0.84 | 3,752.9 |
BANNARI AMMAN SUGARS LTD | 1,688.40 | 2.72 | 4,592.1 |
DALMIA BHARAT SUGAR AND INDUSTRIES LTD | 2,931.48 | 0.99 | 2,906.1 |
PICCADILY AGRO INDUSTRIES LTD | 339.71 | 22.44 | 7,623.6 |
DCM SHRIRAM INDUSTRIES LTD | 815.38 | 1.88 | 1,534.5 |
DWARIKESH SUGAR INDUSTRIES LTD | 822.08 | 1.15 | 943.2 |
Sugar Industry Benchmark (Top 10) PB Analysis vs DAVANGERE SUGAR COMPANY 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | -5.68x |
Max industry PB | 22.44x |
Median industry PB | 1.88x |
Average industry PB | 3.10x |
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