GUJARAT NATURAL RESOURCES
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The Current P/B Ratio of GUJARAT NATURAL RESOURCES is 1.95.
Share Price | ₹25.6 | Nov 22,2024 |
Market Cap | ₹205.4 Cr | |
Book Value | ₹105.5 Cr | Mar2024 - Consolidated Results |
Price/Book | 1.95x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of GUJARAT NATURAL RESOURCES
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹205.4 Cr] as on Nov 22,2024
(/) Book Value [ ₹105.5 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 1.95x ]
Thus, for GUJARAT NATURAL RESOURCES , the investors are currently willing to pay '1.95 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 GUJARAT NATURAL RESOURCES !
The chart below summarizes the trend in P/B Ratio of GUJARAT NATURAL RESOURCES over the last five years.
Historical PB (Price/Book ) ratio chart of GUJARAT NATURAL RESOURCES
PB Ratio Performance Analysis for GUJARAT NATURAL RESOURCES
- GUJARAT NATURAL RESOURCES 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.02x.
- GUJARAT NATURAL RESOURCES 's operated at median p/b ratio of 0.98x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, GUJARAT NATURAL RESOURCES 's p/b ratio peaked in Mar2022 at 1.58x.
- GUJARAT NATURAL RESOURCES 's p/b ratio hit its five-year low in Mar2020 of 0.56x.
How does GUJARAT NATURAL RESOURCES 's P/B Ratio benchmark against top 10 peers in Oil Exploration Industry?
Peer Comparison (Oil Exploration Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
GUJARAT NATURAL RESOURCES | 105.52 | 1.95 | 205.4 |
OIL & NATURAL GAS CORPORATION LTD | 337,070.00 | 0.92 | 308,783.0 |
OIL INDIA LTD | 48,339.00 | 1.71 | 82,501.5 |
HINDUSTAN OIL EXPLORATION COMPANY LTD | 1,174.42 | 2.11 | 2,476.9 |
JINDAL DRILLING & INDUSTRIES LTD | 1,362.21 | 1.58 | 2,158.2 |
ASIAN ENERGY SERVICES LTD | 265.35 | 5.45 | 1,445.1 |
SELAN EXPLORATION TECHNOLOGY LTD | 392.44 | 3.32 | 1,301.7 |
DEEP ENERGY RESOURCES LTD | 399.52 | 2.48 | 992.2 |
ABAN OFFSHORE LTD | -23,871.90 | -0.02 | 362.1 |
AAKASH EXPLORATION SERVICES LTD | 58.53 | 1.85 | 108.5 |
Oil Exploration Industry Benchmark (Top 10) PB Analysis vs GUJARAT NATURAL RESOURCES 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | -0.02x |
Max industry PB | 5.45x |
Median industry PB | 1.95x |
Average industry PB | 2.14x |
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