GP PETROLEUMS
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The Current P/B Ratio of GP PETROLEUMS is 1.03.
| Share Price | ₹61.4 | Nov 21,2024 |
| Market Cap | ₹313.1 Cr | |
| Book Value | ₹303.3 Cr | Mar2024 - Standalone Results |
| Price/Book | 1.03x | Calculated as MarketCap/Book Value |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PB (Price/Book ) ratio of GP PETROLEUMS
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 [ ₹313.1 Cr] as on Nov 21,2024
(/) Book Value [ ₹303.3 Cr] based on Mar2024 - Standalone Results
(=) P/B Ratio [ 1.03x ]
P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.
Thus, for GP PETROLEUMS , the investors are currently willing to pay '1.03 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 GP PETROLEUMS !
The chart below summarizes the trend in P/B Ratio of GP PETROLEUMS over the last five years.
Thus, for GP PETROLEUMS , the investors are currently willing to pay '1.03 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 GP PETROLEUMS !
The chart below summarizes the trend in P/B Ratio of GP PETROLEUMS over the last five years.
Historical PB (Price/Book ) ratio chart of GP PETROLEUMS
PB Ratio Performance Analysis for GP PETROLEUMS
- GP PETROLEUMS 's latest p/b ratio is 1.03x.
- GP PETROLEUMS 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.80x.
- GP PETROLEUMS 's operated at median p/b ratio of 0.78x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, GP PETROLEUMS 's p/b ratio peaked in Mar2024 at 1.02x.
- GP PETROLEUMS 's p/b ratio hit its five-year low in Mar2023 of 0.57x.
- GP PETROLEUMS 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.80x.
- GP PETROLEUMS 's operated at median p/b ratio of 0.78x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, GP PETROLEUMS 's p/b ratio peaked in Mar2024 at 1.02x.
- GP PETROLEUMS 's p/b ratio hit its five-year low in Mar2023 of 0.57x.
How does GP PETROLEUMS 's P/B Ratio benchmark against top 10 peers in Lubricants Industry?
| Peer Comparison (Lubricants Industry) | Book Value | PB Ratio | Market Cap |
|---|---|---|---|
| GP PETROLEUMS | 303.31 | 1.03 | 313.1 |
| CASTROL INDIA LTD | 2,042.74 | 9.02 | 18,417.5 |
| GULF OIL LUBRICANTS INDIA LTD | 1,284.69 | 3.97 | 5,103.3 |
| SAVITA OIL TECHNOLOGIES LTD | 1,621.72 | 2.02 | 3,273.1 |
| TIDE WATER OIL COMPANY (INDIA) LTD | 827.49 | 3.60 | 2,975.4 |
| PANAMA PETROCHEM LTD | 1,102.71 | 1.71 | 1,880.8 |
Lubricants Industry Benchmark (Top 10) PB Analysis vs GP PETROLEUMS 's P/B Ratio
| Top 10 Industry Peers | PB Ratio |
|---|---|
| Min industry PB | 1.03x |
| Max industry PB | 9.02x |
| Median industry PB | 3.60x |
| Average industry PB | 3.56x |
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