GRAVITA INDIA
|
The Current P/B Ratio of GRAVITA INDIA is 17.69.
Share Price | ₹2,147.1 | Dec 03,2024 |
Market Cap | ₹14,815.0 Cr | |
Book Value | ₹837.4 Cr | Mar2024 - Consolidated Results |
Price/Book | 17.69x | Calculated as MarketCap/Book Value |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of GRAVITA INDIA
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹14,815.0 Cr] as on Dec 03,2024
(/) Book Value [ ₹837.4 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 17.69x ]
Thus, for GRAVITA INDIA , the investors are currently willing to pay '17.69 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 GRAVITA INDIA !
The chart below summarizes the trend in P/B Ratio of GRAVITA INDIA over the last five years.
Historical PB (Price/Book ) ratio chart of GRAVITA INDIA
PB Ratio Performance Analysis for GRAVITA INDIA
- GRAVITA INDIA 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 4.59x.
- GRAVITA INDIA 's operated at median p/b ratio of 5.68x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, GRAVITA INDIA 's p/b ratio peaked in Mar2024 at 8.23x.
- GRAVITA INDIA 's p/b ratio hit its five-year low in Mar2020 of 1.04x.
How does GRAVITA INDIA 's P/B Ratio benchmark against top 10 peers in Metal - Non Ferrous Industry?
Peer Comparison (Metal - Non Ferrous Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
GRAVITA INDIA | 837.40 | 17.69 | 14,815.0 |
HINDUSTAN ZINC LTD | 15,195.00 | 14.10 | 214,308.0 |
HINDALCO INDUSTRIES LTD | 106,386.00 | 1.41 | 149,924.0 |
VEDANTA LTD | 30,509.00 | 6.00 | 183,143.0 |
HINDUSTAN COPPER LTD | 2,285.11 | 12.05 | 27,545.7 |
SHIVALIK BIMETAL CONTROLS LTD | 341.51 | 9.54 | 3,259.0 |
BHARAT WIRE ROPES LTD | 657.04 | 2.46 | 1,614.4 |
RAM RATNA WIRES LTD | 409.66 | 6.57 | 2,689.9 |
NILE LTD | 229.86 | 2.51 | 576.4 |
RAJNANDINI METAL LTD | 56.71 | 4.89 | 277.6 |
SHERA ENERGY LTD | 106.92 | 4.39 | 469.6 |
Metal - Non Ferrous Industry Benchmark (Top 10) PB Analysis vs GRAVITA INDIA 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.41x |
Max industry PB | 17.69x |
Median industry PB | 6.00x |
Average industry PB | 7.42x |
You may also like the below Video Courses