IRM ENERGY
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The Current P/B Ratio of IRM ENERGY is 1.40.
| Share Price | ₹316.5 | Feb 01,2025 |
| Market Cap | ₹1,300.8 Cr | |
| Book Value | ₹931.8 Cr | Mar2024 - Consolidated Results |
| Price/Book | 1.40x | Calculated as MarketCap/Book Value |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PB (Price/Book ) ratio of IRM ENERGY
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 [ ₹1,300.8 Cr] as on Feb 01,2025
(/) Book Value [ ₹931.8 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 1.40x ]
P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.
Thus, for IRM ENERGY , the investors are currently willing to pay '1.40 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 IRM ENERGY !
The chart below summarizes the trend in P/B Ratio of IRM ENERGY over the last five years.
Thus, for IRM ENERGY , the investors are currently willing to pay '1.40 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 IRM ENERGY !
The chart below summarizes the trend in P/B Ratio of IRM ENERGY over the last five years.
Historical PB (Price/Book ) ratio chart of IRM ENERGY
PB Ratio Performance Analysis for IRM ENERGY
- IRM ENERGY 's latest p/b ratio is 1.40x.
- IRM ENERGY 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.41x.
- IRM ENERGY 's operated at median p/b ratio of 0x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, IRM ENERGY 's p/b ratio peaked in Mar2024 at 2.07x.
- IRM ENERGY 's p/b ratio hit its five-year low in Mar2023 of 0x.
- IRM ENERGY 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.41x.
- IRM ENERGY 's operated at median p/b ratio of 0x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, IRM ENERGY 's p/b ratio peaked in Mar2024 at 2.07x.
- IRM ENERGY 's p/b ratio hit its five-year low in Mar2023 of 0x.
How does IRM ENERGY 's P/B Ratio benchmark against top 10 peers in Industrial Gases & Fuels Industry?
| Peer Comparison (Industrial Gases & Fuels Industry) | Book Value | PB Ratio | Market Cap |
|---|---|---|---|
| IRM ENERGY | 931.76 | 1.40 | 1,300.8 |
| GAIL (INDIA) LTD | 76,997.20 | 1.50 | 115,524.0 |
| LINDE INDIA LTD | 3,466.76 | 15.41 | 53,411.8 |
| PETRONET LNG LTD | 17,410.10 | 2.66 | 46,282.5 |
| CONFIDENCE PETROLEUM INDIA LTD | 1,158.27 | 1.93 | 2,232.0 |
| REFEX INDUSTRIES LTD | 465.23 | 12.82 | 5,963.7 |
Industrial Gases & Fuels Industry Benchmark (Top 10) PB Analysis vs IRM ENERGY 's P/B Ratio
| Top 10 Industry Peers | PB Ratio |
|---|---|
| Min industry PB | 1.40x |
| Max industry PB | 15.41x |
| Median industry PB | 2.66x |
| Average industry PB | 5.95x |
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