ELITECON INTERNATIONAL
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The Current P/B Ratio of ELITECON INTERNATIONAL is -40.73.
Share Price | ₹206.0 | Feb 21,2025 |
Market Cap | ₹2,826.3 Cr | |
Book Value | ₹-69.4 Cr | Mar2024 - Standalone Results |
Price/Book | -40.73x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of ELITECON INTERNATIONAL
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹2,826.3 Cr] as on Feb 21,2025
(/) Book Value [ ₹-69.4 Cr] based on Mar2024 - Standalone Results
(=) P/B Ratio [ -40.73x ]
Thus, for ELITECON INTERNATIONAL , the investors are currently willing to pay '-40.73 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 ELITECON INTERNATIONAL !
The chart below summarizes the trend in P/B Ratio of ELITECON INTERNATIONAL over the last five years.
Historical PB (Price/Book ) ratio chart of ELITECON INTERNATIONAL
PB Ratio Performance Analysis for ELITECON INTERNATIONAL
- ELITECON INTERNATIONAL 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.07x.
- ELITECON INTERNATIONAL 's operated at median p/b ratio of 0x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ELITECON INTERNATIONAL 's p/b ratio peaked in Mar2021 at 0.36x.
- ELITECON INTERNATIONAL 's p/b ratio hit its five-year low in Mar2024 of 0x.
How does ELITECON INTERNATIONAL 's P/B Ratio benchmark against top 10 peers in Trading Industry?
Peer Comparison (Trading Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
ELITECON INTERNATIONAL | -69.40 | -40.73 | 2,826.3 |
ADANI ENTERPRISES LTD | 36,452.10 | 6.76 | 246,464.0 |
REDINGTON LTD | 7,548.12 | 2.60 | 19,649.9 |
MMTC LTD | 1,625.68 | 5.20 | 8,457.0 |
HONASA CONSUMER LTD | 1,070.46 | 6.79 | 7,271.2 |
LLOYDS ENTERPRISES LTD | 1,661.57 | 3.83 | 6,360.6 |
ENTERO HEALTHCARE SOLUTIONS LTD | 1,636.29 | 3.49 | 5,715.8 |
OPTIEMUS INFRACOM LTD | 426.48 | 10.08 | 4,297.7 |
POLO QUEEN INDUSTRIAL & FINTECH LTD | 188.47 | 22.67 | 4,272.4 |
MSTC LTD | 889.04 | 3.82 | 3,399.6 |
SG MART LTD | 996.61 | 3.75 | 3,735.9 |
Trading Industry Benchmark (Top 10) PB Analysis vs ELITECON INTERNATIONAL 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | -40.73x |
Max industry PB | 22.67x |
Median industry PB | 3.83x |
Average industry PB | 2.57x |
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