DREDGING CORPORATION OF INDIA
|
The Current P/B Ratio of DREDGING CORPORATION OF INDIA is 1.63.
Share Price | ₹734.9 | Jan 29,2025 |
Market Cap | ₹2,057.6 Cr | |
Book Value | ₹1,263.6 Cr | Mar2024 - Standalone Results |
Price/Book | 1.63x | Calculated as MarketCap/Book Value |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of DREDGING CORPORATION OF INDIA
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹2,057.6 Cr] as on Jan 29,2025
(/) Book Value [ ₹1,263.6 Cr] based on Mar2024 - Standalone Results
(=) P/B Ratio [ 1.63x ]
Thus, for DREDGING CORPORATION OF INDIA , the investors are currently willing to pay '1.63 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 DREDGING CORPORATION OF INDIA !
The chart below summarizes the trend in P/B Ratio of DREDGING CORPORATION OF INDIA over the last five years.
Historical PB (Price/Book ) ratio chart of DREDGING CORPORATION OF INDIA
PB Ratio Performance Analysis for DREDGING CORPORATION OF INDIA
- DREDGING CORPORATION OF INDIA 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.75x.
- DREDGING CORPORATION OF INDIA 's operated at median p/b ratio of 0.64x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, DREDGING CORPORATION OF INDIA 's p/b ratio peaked in Mar2024 at 1.49x.
- DREDGING CORPORATION OF INDIA 's p/b ratio hit its five-year low in Mar2020 of 0.26x.
How does DREDGING CORPORATION OF INDIA 's P/B Ratio benchmark against top 10 peers in Shipping Industry?
Peer Comparison (Shipping Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
DREDGING CORPORATION OF INDIA | 1,263.60 | 1.63 | 2,057.6 |
THE GREAT EASTERN SHIPPING COMPANY LTD | 12,397.50 | 1.07 | 13,283.1 |
SHIPPING CORPORATION OF INDIA LTD | 7,539.50 | 1.18 | 8,892.1 |
SEAMEC LTD | 911.42 | 2.90 | 2,646.1 |
SHREYAS SHIPPING & LOGISTICS LTD | 766.53 | 0.94 | 722.6 |
ESSAR SHIPPING LTD | -2,807.92 | -0.23 | 637.5 |
GLOBAL OFFSHORE SERVICES LTD | 82.39 | 3.14 | 259.0 |
Shipping Industry Benchmark (Top 10) PB Analysis vs DREDGING CORPORATION OF INDIA 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | -0.23x |
Max industry PB | 3.14x |
Median industry PB | 1.18x |
Average industry PB | 1.52x |
You may also like the below Video Courses