IRCON INTERNATIONAL
|
The Current P/B Ratio of IRCON INTERNATIONAL is 3.11.
Share Price | ₹194.1 | Feb 05,2025 |
Market Cap | ₹18,255.1 Cr | |
Book Value | ₹5,870.9 Cr | Mar2024 - Consolidated Results |
Price/Book | 3.11x | Calculated as MarketCap/Book Value |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of IRCON INTERNATIONAL
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹18,255.1 Cr] as on Feb 05,2025
(/) Book Value [ ₹5,870.9 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 3.11x ]
Thus, for IRCON INTERNATIONAL , the investors are currently willing to pay '3.11 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 IRCON INTERNATIONAL !
The chart below summarizes the trend in P/B Ratio of IRCON INTERNATIONAL over the last five years.
Historical PB (Price/Book ) ratio chart of IRCON INTERNATIONAL
PB Ratio Performance Analysis for IRCON INTERNATIONAL
- IRCON INTERNATIONAL 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.42x.
- IRCON INTERNATIONAL 's operated at median p/b ratio of 0.94x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, IRCON INTERNATIONAL 's p/b ratio peaked in Mar2024 at 3.51x.
- IRCON INTERNATIONAL 's p/b ratio hit its five-year low in Mar2022 of 0.8x.
How does IRCON INTERNATIONAL 's P/B Ratio benchmark against top 10 peers in Engineering - Construction Industry?
Peer Comparison (Engineering - Construction Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
IRCON INTERNATIONAL | 5,870.92 | 3.11 | 18,255.1 |
LARSEN & TOUBRO LTD | 85,808.70 | 5.42 | 465,414.0 |
RAIL VIKAS NIGAM LTD | 8,745.68 | 9.69 | 84,714.4 |
GMR AIRPORTS INFRASTRUCTURE LTD | -2,164.16 | -36.86 | 79,762.5 |
IRB INFRASTRUCTURE DEVELOPERS LTD | 13,744.50 | 2.39 | 32,882.4 |
KEC INTERNATIONAL LTD | 4,095.70 | 5.49 | 22,497.9 |
KALPATARU PROJECTS INTERNATIONAL LTD | 5,137.99 | 3.46 | 17,770.6 |
NCC LTD | 6,639.70 | 2.27 | 15,068.3 |
GR INFRAPROJECTS LTD | 7,584.66 | 1.52 | 11,559.0 |
STERLING AND WILSON RENEWABLE ENERGY LTD | 963.20 | 7.88 | 7,592.1 |
PNC INFRATECH LTD | 5,184.82 | 1.47 | 7,638.5 |
Engineering - Construction Industry Benchmark (Top 10) PB Analysis vs IRCON INTERNATIONAL 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | -36.86x |
Max industry PB | 9.69x |
Median industry PB | 3.11x |
Average industry PB | 0.53x |
You may also like the below Video Courses