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GANGA PAPERS INDIA
PB (Price/Book ) Ratio

The Current P/B Ratio of GANGA PAPERS INDIA is 3.77.

Share Price ₹96.4Sep 06,2024
Market Cap ₹104.1 Cr
Book Value₹27.6 CrMar2023 - Standalone Results
Price/Book 3.77xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of GANGA PAPERS INDIA

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

Applying the above formula, P/B ratio of GANGA PAPERS INDIA is calculated as :

Current Market Cap [ ₹104.1 Cr] as on Sep 06,2024

(/) Book Value [ ₹27.6 Cr] based on Mar2023 - Standalone Results

(=) P/B Ratio [ 3.77x ]

P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.

Thus, for GANGA PAPERS INDIA , the investors are currently willing to pay '3.77 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 GANGA PAPERS INDIA !

The chart below summarizes the trend in P/B Ratio of GANGA PAPERS INDIA over the last five years.

Historical PB (Price/Book ) ratio chart of GANGA PAPERS INDIA


PB Ratio Performance Analysis for GANGA PAPERS INDIA

- GANGA PAPERS INDIA 's latest p/b ratio is 3.77x.

- GANGA PAPERS INDIA 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 3.38x.

- GANGA PAPERS INDIA 's operated at median p/b ratio of 2.67x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, GANGA PAPERS INDIA 's p/b ratio peaked in Mar2019 at 7.95x.

- GANGA PAPERS INDIA 's p/b ratio hit its five-year low in Mar2020 of 1.58x.


How does GANGA PAPERS INDIA 's P/B Ratio benchmark against top 10 peers in Paper & Paper Products Industry?

Peer Comparison (Paper & Paper Products Industry)Book ValuePB RatioMarket Cap
GANGA PAPERS INDIA 27.633.77104.1
JK PAPER LTD5,069.501.497,563.0
WEST COAST PAPER MILLS LTD3,238.931.233,984.4
SESHASAYEE PAPER AND BOARDS LTD1,911.311.132,161.7
ANDHRA PAPER LTD1,893.201.192,243.8
TAMIL NADU NEWSPRINT & PAPERS LTD2,089.550.721,511.6
KUANTUM PAPERS LTD1,123.841.111,244.4
PAKKA LTD203.376.731,369.3
SATIA INDUSTRIES LTD733.201.591,165.0
ORIENT PAPER & INDUSTRIES LTD1,618.700.60975.2
NR AGARWAL INDUSTRIES LTD760.290.88669.8

Paper & Paper Products Industry Benchmark (Top 10) PB Analysis vs GANGA PAPERS INDIA 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 0.60x
Max industry PB 6.73x
Median industry PB 1.19x
Average industry PB 1.86x



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