INDIAN OVERSEAS BANK
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The Current P/B Ratio of INDIAN OVERSEAS BANK is 3.44.
| Share Price | ₹50.1 | Jan 29,2025 |
| Market Cap | ₹94,682.1 Cr | |
| Book Value | ₹27,561.4 Cr | Mar2024 - Consolidated Results |
| Price/Book | 3.44x | Calculated as MarketCap/Book Value |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PB (Price/Book ) ratio of INDIAN OVERSEAS BANK
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 [ ₹94,682.1 Cr] as on Jan 29,2025
(/) Book Value [ ₹27,561.4 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 3.44x ]
P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.
Thus, for INDIAN OVERSEAS BANK, the investors are currently willing to pay '3.44 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 INDIAN OVERSEAS BANK!
The chart below summarizes the trend in P/B Ratio of INDIAN OVERSEAS BANK over the last five years.
Thus, for INDIAN OVERSEAS BANK, the investors are currently willing to pay '3.44 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 INDIAN OVERSEAS BANK!
The chart below summarizes the trend in P/B Ratio of INDIAN OVERSEAS BANK over the last five years.
Historical PB (Price/Book ) ratio chart of INDIAN OVERSEAS BANK
PB Ratio Performance Analysis for INDIAN OVERSEAS BANK
- INDIAN OVERSEAS BANK's latest p/b ratio is 3.44x.
- INDIAN OVERSEAS BANK's p/b ratio for fiscal years ending Mar2024 to Mar2003 averaged 2.09x.
- INDIAN OVERSEAS BANK's operated at median p/b ratio of 1.79x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, INDIAN OVERSEAS BANK's p/b ratio peaked in Mar2024 at 4.56x.
- INDIAN OVERSEAS BANK's p/b ratio hit its five-year low in Mar2003 of 0.46x.
- INDIAN OVERSEAS BANK's p/b ratio for fiscal years ending Mar2024 to Mar2003 averaged 2.09x.
- INDIAN OVERSEAS BANK's operated at median p/b ratio of 1.79x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, INDIAN OVERSEAS BANK's p/b ratio peaked in Mar2024 at 4.56x.
- INDIAN OVERSEAS BANK's p/b ratio hit its five-year low in Mar2003 of 0.46x.
How does INDIAN OVERSEAS BANK's P/B Ratio benchmark against top 10 peers in Bank - Public Industry?
| Peer Comparison (Bank - Public Industry) | Book Value | PB Ratio | Market Cap |
|---|---|---|---|
| INDIAN OVERSEAS BANK | 27,561.40 | 3.44 | 94,682.1 |
| STATE BANK OF INDIA | 414,939.00 | 1.63 | 677,111.0 |
| PUNJAB NATIONAL BANK | 110,387.00 | 1.02 | 112,401.0 |
| BANK OF BARODA | 119,712.00 | 0.96 | 115,089.0 |
| UNION BANK OF INDIA | 97,597.70 | 0.88 | 85,878.1 |
| CANARA BANK | 92,133.20 | 0.90 | 83,359.3 |
| INDIAN BANK | 60,248.20 | 1.22 | 73,369.1 |
| BANK OF INDIA | 70,581.30 | 0.71 | 50,443.6 |
| UCO BANK | 27,213.80 | 1.88 | 51,051.9 |
| CENTRAL BANK OF INDIA | 32,374.40 | 1.37 | 44,307.5 |
| BANK OF MAHARASHTRA | 19,870.60 | 1.95 | 38,750.1 |
Bank - Public Industry Benchmark (Top 10) PB Analysis vs INDIAN OVERSEAS BANK's P/B Ratio
| Top 10 Industry Peers | PB Ratio |
|---|---|
| Min industry PB | 0.71x |
| Max industry PB | 3.44x |
| Median industry PB | 1.22x |
| Average industry PB | 1.45x |
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