DELTA CORP
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The Current P/B Ratio of DELTA CORP is 1.21.
| Share Price | ₹111.8 | Nov 21,2024 |
| Market Cap | ₹2,994.0 Cr | |
| Book Value | ₹2,483.9 Cr | Mar2024 - Consolidated Results |
| Price/Book | 1.21x | Calculated as MarketCap/Book Value |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PB (Price/Book ) ratio of DELTA CORP
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
Current Market Cap [ ₹2,994.0 Cr] as on Nov 21,2024
(/) Book Value [ ₹2,483.9 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 1.21x ]
P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.
Thus, for DELTA CORP , the investors are currently willing to pay '1.21 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 DELTA CORP !
The chart below summarizes the trend in P/B Ratio of DELTA CORP over the last five years.
Thus, for DELTA CORP , the investors are currently willing to pay '1.21 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 DELTA CORP !
The chart below summarizes the trend in P/B Ratio of DELTA CORP over the last five years.
Historical PB (Price/Book ) ratio chart of DELTA CORP
PB Ratio Performance Analysis for DELTA CORP
- DELTA CORP 's latest p/b ratio is 1.21x.
- DELTA CORP 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 2.21x.
- DELTA CORP 's operated at median p/b ratio of 2.22x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, DELTA CORP 's p/b ratio peaked in Mar2022 at 4.46x.
- DELTA CORP 's p/b ratio hit its five-year low in Mar2020 of 0.92x.
- DELTA CORP 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 2.21x.
- DELTA CORP 's operated at median p/b ratio of 2.22x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, DELTA CORP 's p/b ratio peaked in Mar2022 at 4.46x.
- DELTA CORP 's p/b ratio hit its five-year low in Mar2020 of 0.92x.
How does DELTA CORP 's P/B Ratio benchmark against top 10 peers in Miscellaneous Industry?
| Peer Comparison (Miscellaneous Industry) | Book Value | PB Ratio | Market Cap |
|---|---|---|---|
| DELTA CORP | 2,483.89 | 1.21 | 2,994.0 |
| MALLCOM (INDIA) LTD | 237.51 | 3.86 | 917.3 |
| INDIABULLS ENTERPRISES LTD | 245.74 | 1.30 | 318.9 |
| MODI RUBBER LTD | 654.86 | 0.49 | 318.0 |
Miscellaneous Industry Benchmark (Top 10) PB Analysis vs DELTA CORP 's P/B Ratio
| Top 10 Industry Peers | PB Ratio |
|---|---|
| Min industry PB | 0.49x |
| Max industry PB | 3.86x |
| Median industry PB | 1.30x |
| Average industry PB | 1.71x |
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