GM BREWERIES
|
The Current P/B Ratio of GM BREWERIES is 2.28.
| Share Price | ₹823.1 | Dec 02,2024 |
| Market Cap | ₹1,876.7 Cr | |
| Book Value | ₹822.3 Cr | Mar2024 - Standalone Results |
| Price/Book | 2.28x | Calculated as MarketCap/Book Value |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PB (Price/Book ) ratio of GM BREWERIES
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 [ ₹1,876.7 Cr] as on Dec 02,2024
(/) Book Value [ ₹822.3 Cr] based on Mar2024 - Standalone Results
(=) P/B Ratio [ 2.28x ]
P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.
Thus, for GM BREWERIES , the investors are currently willing to pay '2.28 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 GM BREWERIES !
The chart below summarizes the trend in P/B Ratio of GM BREWERIES over the last five years.
Thus, for GM BREWERIES , the investors are currently willing to pay '2.28 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 GM BREWERIES !
The chart below summarizes the trend in P/B Ratio of GM BREWERIES over the last five years.
Historical PB (Price/Book ) ratio chart of GM BREWERIES
PB Ratio Performance Analysis for GM BREWERIES
- GM BREWERIES 's latest p/b ratio is 2.28x.
- GM BREWERIES 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.57x.
- GM BREWERIES 's operated at median p/b ratio of 1.43x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, GM BREWERIES 's p/b ratio peaked in Mar2022 at 2.2x.
- GM BREWERIES 's p/b ratio hit its five-year low in Mar2020 of 1.31x.
- GM BREWERIES 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.57x.
- GM BREWERIES 's operated at median p/b ratio of 1.43x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, GM BREWERIES 's p/b ratio peaked in Mar2022 at 2.2x.
- GM BREWERIES 's p/b ratio hit its five-year low in Mar2020 of 1.31x.
How does GM BREWERIES 's P/B Ratio benchmark against top 10 peers in Breweries & Distilleries Industry?
| Peer Comparison (Breweries & Distilleries Industry) | Book Value | PB Ratio | Market Cap |
|---|---|---|---|
| GM BREWERIES | 822.32 | 2.28 | 1,876.7 |
| UNITED SPIRITS LTD | 7,120.00 | 15.65 | 111,437.0 |
| UNITED BREWERIES LTD | 4,178.34 | 12.41 | 51,835.3 |
| RADICO KHAITAN LTD | 2,432.89 | 13.30 | 32,368.6 |
| SULA VINEYARDS LTD | 548.81 | 6.63 | 3,639.7 |
| TILAKNAGAR INDUSTRIES LTD | 645.75 | 12.24 | 7,901.6 |
| SOM DISTILLERIES BREWERIES & WINERIES LTD | 529.88 | 3.94 | 2,085.4 |
| GLOBUS SPIRITS LTD | 967.17 | 2.68 | 2,590.3 |
| ASSOCIATED ALCOHOLS & BREWERIES LTD | 412.02 | 4.42 | 1,820.1 |
| JAGATJIT INDUSTRIES LTD | 73.37 | 16.01 | 1,174.7 |
Breweries & Distilleries Industry Benchmark (Top 10) PB Analysis vs GM BREWERIES 's P/B Ratio
| Top 10 Industry Peers | PB Ratio |
|---|---|
| Min industry PB | 2.28x |
| Max industry PB | 16.01x |
| Median industry PB | 12.24x |
| Average industry PB | 8.96x |
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