GUJARAT STATE FINANCIAL CORPORATION
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The Current P/B Ratio of GUJARAT STATE FINANCIAL CORPORATION is -0.07.
Share Price | ₹22.2 | Sep 06,2024 |
Market Cap | ₹197.8 Cr | |
Book Value | ₹-2,934.9 Cr | Mar2024 - Standalone Results |
Price/Book | -0.07x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of GUJARAT STATE FINANCIAL CORPORATION
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹197.8 Cr] as on Sep 06,2024
(/) Book Value [ ₹-2,934.9 Cr] based on Mar2024 - Standalone Results
(=) P/B Ratio [ -0.07x ]
Thus, for GUJARAT STATE FINANCIAL CORPORATION , the investors are currently willing to pay '-0.07 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 STATE FINANCIAL CORPORATION !
The chart below summarizes the trend in P/B Ratio of GUJARAT STATE FINANCIAL CORPORATION over the last five years.
Historical PB (Price/Book ) ratio chart of GUJARAT STATE FINANCIAL CORPORATION
PB Ratio Performance Analysis for GUJARAT STATE FINANCIAL CORPORATION
- GUJARAT STATE FINANCIAL CORPORATION 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged -0.03x.
- GUJARAT STATE FINANCIAL CORPORATION 's operated at median p/b ratio of -0.02x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, GUJARAT STATE FINANCIAL CORPORATION 's p/b ratio peaked in Mar2021 at -0.01x.
- GUJARAT STATE FINANCIAL CORPORATION 's p/b ratio hit its five-year low in Mar2024 of -0.08x.
How does GUJARAT STATE FINANCIAL CORPORATION 's P/B Ratio benchmark against top 10 peers in Finance Term Lending Industry?
Peer Comparison (Finance Term Lending Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
GUJARAT STATE FINANCIAL CORPORATION | -2,934.93 | -0.07 | 197.8 |
INDIAN RAILWAY FINANCE CORPORATION LTD | 49,178.60 | 4.51 | 222,034.0 |
POWER FINANCE CORPORATION LTD | 101,147.00 | 1.78 | 179,856.0 |
REC LTD | 69,350.20 | 2.31 | 159,955.0 |
IFCI LTD | 4,034.24 | 4.59 | 18,509.4 |
UJJIVAN FINANCIAL SERVICES LTD | 3,162.18 | 2.27 | 7,189.6 |
MAS FINANCIAL SERVICES LTD | 1,782.71 | 2.92 | 5,208.6 |
SATIN CREDITCARE NETWORK LTD | 2,400.85 | 0.97 | 2,318.2 |
TOURISM FINANCE CORPORATION OF INDIA LTD | 1,089.62 | 1.49 | 1,620.4 |
Finance Term Lending Industry Benchmark (Top 10) PB Analysis vs GUJARAT STATE FINANCIAL CORPORATION 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | -0.07x |
Max industry PB | 4.59x |
Median industry PB | 2.27x |
Average industry PB | 2.31x |
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