ECO RECYCLING
|
The Current P/B Ratio of ECO RECYCLING is 27.27.
Share Price | ₹930.3 | Nov 27,2024 |
Market Cap | ₹1,795.5 Cr | |
Book Value | ₹65.8 Cr | Mar2024 - Consolidated Results |
Price/Book | 27.27x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of ECO RECYCLING
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹1,795.5 Cr] as on Nov 27,2024
(/) Book Value [ ₹65.8 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 27.27x ]
Thus, for ECO RECYCLING , the investors are currently willing to pay '27.27 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 ECO RECYCLING !
The chart below summarizes the trend in P/B Ratio of ECO RECYCLING over the last five years.
Historical PB (Price/Book ) ratio chart of ECO RECYCLING
PB Ratio Performance Analysis for ECO RECYCLING
- ECO RECYCLING 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 6.22x.
- ECO RECYCLING 's operated at median p/b ratio of 4.62x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ECO RECYCLING 's p/b ratio peaked in Mar2024 at 15.46x.
- ECO RECYCLING 's p/b ratio hit its five-year low in Mar2020 of 1.94x.
How does ECO RECYCLING 's P/B Ratio benchmark against top 10 peers in Environmental Services Industry?
Peer Comparison (Environmental Services Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
ECO RECYCLING | 65.83 | 27.27 | 1,795.5 |
VA TECH WABAG LTD | 1,818.60 | 5.78 | 10,514.8 |
ANTONY WASTE HANDLING CELL LTD | 573.69 | 3.13 | 1,793.6 |
RACE ECO CHAIN LTD | 22.23 | 28.60 | 635.8 |
Environmental Services Industry Benchmark (Top 10) PB Analysis vs ECO RECYCLING 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 3.13x |
Max industry PB | 28.60x |
Median industry PB | 27.27x |
Average industry PB | 16.20x |
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