GANESH HOUSING CORPORATION
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The Current P/B Ratio of GANESH HOUSING CORPORATION is 6.21.
Share Price | ₹1,154.5 | Dec 24,2024 |
Market Cap | ₹9,628.1 Cr | |
Book Value | ₹1,550.3 Cr | Mar2024 - Consolidated Results |
Price/Book | 6.21x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of GANESH HOUSING CORPORATION
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹9,628.1 Cr] as on Dec 24,2024
(/) Book Value [ ₹1,550.3 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 6.21x ]
Thus, for GANESH HOUSING CORPORATION , the investors are currently willing to pay '6.21 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 GANESH HOUSING CORPORATION !
The chart below summarizes the trend in P/B Ratio of GANESH HOUSING CORPORATION over the last five years.
Historical PB (Price/Book ) ratio chart of GANESH HOUSING CORPORATION
PB Ratio Performance Analysis for GANESH HOUSING CORPORATION
- GANESH HOUSING CORPORATION 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.90x.
- GANESH HOUSING CORPORATION 's operated at median p/b ratio of 2.01x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, GANESH HOUSING CORPORATION 's p/b ratio peaked in Mar2024 at 3.99x.
- GANESH HOUSING CORPORATION 's p/b ratio hit its five-year low in Mar2020 of 0.14x.
How does GANESH HOUSING CORPORATION 's P/B Ratio benchmark against top 10 peers in Construction - Real Estate Industry?
Peer Comparison (Construction - Real Estate Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
GANESH HOUSING CORPORATION | 1,550.26 | 6.21 | 9,628.1 |
DLF LTD | 39,430.80 | 5.28 | 208,124.0 |
MACROTECH DEVELOPERS LTD | 17,324.50 | 8.07 | 139,761.0 |
GODREJ PROPERTIES LTD | 9,984.51 | 8.63 | 86,176.1 |
OBEROI REALTY LTD | 13,844.40 | 6.01 | 83,274.0 |
THE PHOENIX MILLS LTD | 9,429.19 | 6.41 | 60,407.2 |
PRESTIGE ESTATES PROJECTS LTD | 11,288.80 | 6.68 | 75,438.1 |
BRIGADE ENTERPRISES LTD | 3,636.31 | 8.50 | 30,910.1 |
NBCC (INDIA) LTD | 2,225.62 | 11.31 | 25,161.3 |
SIGNATUREGLOBAL (INDIA) LTD | 626.65 | 28.79 | 18,042.3 |
SOBHA LTD | 2,514.07 | 6.82 | 17,145.8 |
Construction - Real Estate Industry Benchmark (Top 10) PB Analysis vs GANESH HOUSING CORPORATION 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 5.28x |
Max industry PB | 28.79x |
Median industry PB | 6.82x |
Average industry PB | 9.34x |
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