DECCAN CEMENTS
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The Current P/B Ratio of DECCAN CEMENTS is 1.12.
Share Price | ₹574.2 | Nov 22,2024 |
Market Cap | ₹803.8 Cr | |
Book Value | ₹719.0 Cr | Mar2024 - Standalone Results |
Price/Book | 1.12x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of DECCAN CEMENTS
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹803.8 Cr] as on Nov 22,2024
(/) Book Value [ ₹719.0 Cr] based on Mar2024 - Standalone Results
(=) P/B Ratio [ 1.12x ]
Thus, for DECCAN CEMENTS , the investors are currently willing to pay '1.12 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 DECCAN CEMENTS !
The chart below summarizes the trend in P/B Ratio of DECCAN CEMENTS over the last five years.
Historical PB (Price/Book ) ratio chart of DECCAN CEMENTS
PB Ratio Performance Analysis for DECCAN CEMENTS
- DECCAN CEMENTS 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.96x.
- DECCAN CEMENTS 's operated at median p/b ratio of 1.03x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, DECCAN CEMENTS 's p/b ratio peaked in Mar2022 at 1.2x.
- DECCAN CEMENTS 's p/b ratio hit its five-year low in Mar2020 of 0.58x.
How does DECCAN CEMENTS 's P/B Ratio benchmark against top 10 peers in Cement & Construction Materials Industry?
Peer Comparison (Cement & Construction Materials Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
DECCAN CEMENTS | 718.98 | 1.12 | 803.8 |
ULTRATECH CEMENT LTD | 60,105.50 | 5.47 | 328,745.0 |
AMBUJA CEMENTS LTD | 38,675.40 | 3.19 | 123,329.0 |
SHREE CEMENT LTD | 20,702.90 | 4.32 | 89,472.3 |
ACC LTD | 16,329.70 | 2.40 | 39,247.5 |
DALMIA BHARAT LTD | 16,396.00 | 2.07 | 33,894.8 |
JK CEMENT LTD | 5,367.14 | 5.95 | 31,952.0 |
THE RAMCO CEMENTS LTD | 7,237.90 | 3.09 | 22,343.8 |
NUVOCO VISTAS CORPORATION LTD | 8,983.52 | 1.34 | 12,066.5 |
JK LAKSHMI CEMENT LTD | 3,186.65 | 2.76 | 8,810.0 |
STAR CEMENT LTD | 2,710.12 | 2.68 | 7,275.3 |
Cement & Construction Materials Industry Benchmark (Top 10) PB Analysis vs DECCAN CEMENTS 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.12x |
Max industry PB | 5.95x |
Median industry PB | 2.76x |
Average industry PB | 3.13x |
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