GANESHA ECOSPHERE
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The Current P/B Ratio of GANESHA ECOSPHERE is 5.80.
| Share Price | ₹2,326.8 | Nov 27,2024 |
| Market Cap | ₹5,886.7 Cr | |
| Book Value | ₹1,014.5 Cr | Mar2024 - Consolidated Results |
| Price/Book | 5.80x | Calculated as MarketCap/Book Value |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PB (Price/Book ) ratio of GANESHA ECOSPHERE
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 [ ₹5,886.7 Cr] as on Nov 27,2024
(/) Book Value [ ₹1,014.5 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 5.80x ]
P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.
Thus, for GANESHA ECOSPHERE , the investors are currently willing to pay '5.80 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 GANESHA ECOSPHERE !
The chart below summarizes the trend in P/B Ratio of GANESHA ECOSPHERE over the last five years.
Thus, for GANESHA ECOSPHERE , the investors are currently willing to pay '5.80 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 GANESHA ECOSPHERE !
The chart below summarizes the trend in P/B Ratio of GANESHA ECOSPHERE over the last five years.
Historical PB (Price/Book ) ratio chart of GANESHA ECOSPHERE
PB Ratio Performance Analysis for GANESHA ECOSPHERE
- GANESHA ECOSPHERE 's latest p/b ratio is 5.80x.
- GANESHA ECOSPHERE 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 2.27x.
- GANESHA ECOSPHERE 's operated at median p/b ratio of 2.48x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, GANESHA ECOSPHERE 's p/b ratio peaked in Mar2023 at 2.9x.
- GANESHA ECOSPHERE 's p/b ratio hit its five-year low in Mar2020 of 0.77x.
- GANESHA ECOSPHERE 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 2.27x.
- GANESHA ECOSPHERE 's operated at median p/b ratio of 2.48x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, GANESHA ECOSPHERE 's p/b ratio peaked in Mar2023 at 2.9x.
- GANESHA ECOSPHERE 's p/b ratio hit its five-year low in Mar2020 of 0.77x.
How does GANESHA ECOSPHERE 's P/B Ratio benchmark against top 10 peers in Textile - Manmade Fibres Industry?
| Peer Comparison (Textile - Manmade Fibres Industry) | Book Value | PB Ratio | Market Cap |
|---|---|---|---|
| GANESHA ECOSPHERE | 1,014.47 | 5.80 | 5,886.7 |
| INDO RAMA SYNTHETICS (INDIA) LTD | 368.10 | 2.94 | 1,083.9 |
| BANSWARA SYNTEX LTD | 535.01 | 0.86 | 462.1 |
| SARLA PERFORMANCE FIBERS LTD | 428.31 | 2.02 | 864.3 |
| VARDHMAN ACRYLICS LTD | 242.98 | 1.79 | 436.0 |
| PASUPATI ACRYLON LTD | 328.77 | 1.12 | 369.4 |
Textile - Manmade Fibres Industry Benchmark (Top 10) PB Analysis vs GANESHA ECOSPHERE 's P/B Ratio
| Top 10 Industry Peers | PB Ratio |
|---|---|
| Min industry PB | 0.86x |
| Max industry PB | 5.80x |
| Median industry PB | 2.02x |
| Average industry PB | 2.42x |
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