JAGATJIT INDUSTRIES
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The Current P/B Ratio of JAGATJIT INDUSTRIES is 14.03.
Share Price | ₹219.9 | Nov 21,2024 |
Market Cap | ₹1,029.1 Cr | |
Book Value | ₹73.4 Cr | Mar2024 - Consolidated Results |
Price/Book | 14.03x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of JAGATJIT INDUSTRIES
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹1,029.1 Cr] as on Nov 21,2024
(/) Book Value [ ₹73.4 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 14.03x ]
Thus, for JAGATJIT INDUSTRIES , the investors are currently willing to pay '14.03 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 JAGATJIT INDUSTRIES !
The chart below summarizes the trend in P/B Ratio of JAGATJIT INDUSTRIES over the last five years.
Historical PB (Price/Book ) ratio chart of JAGATJIT INDUSTRIES
PB Ratio Performance Analysis for JAGATJIT INDUSTRIES
- JAGATJIT INDUSTRIES 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 5.72x.
- JAGATJIT INDUSTRIES 's operated at median p/b ratio of 5.64x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, JAGATJIT INDUSTRIES 's p/b ratio peaked in Mar2024 at 10.33x.
- JAGATJIT INDUSTRIES 's p/b ratio hit its five-year low in Mar2020 of 1.95x.
How does JAGATJIT INDUSTRIES 's P/B Ratio benchmark against top 10 peers in Breweries & Distilleries Industry?
Peer Comparison (Breweries & Distilleries Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
JAGATJIT INDUSTRIES | 73.37 | 14.03 | 1,029.1 |
UNITED SPIRITS LTD | 7,120.00 | 15.25 | 108,564.0 |
UNITED BREWERIES LTD | 4,178.34 | 11.57 | 48,358.4 |
RADICO KHAITAN LTD | 2,432.89 | 12.70 | 30,905.6 |
SULA VINEYARDS LTD | 548.81 | 6.04 | 3,313.5 |
TILAKNAGAR INDUSTRIES LTD | 645.75 | 10.27 | 6,634.8 |
SOM DISTILLERIES BREWERIES & WINERIES LTD | 529.88 | 3.76 | 1,990.8 |
GLOBUS SPIRITS LTD | 967.17 | 2.43 | 2,349.7 |
GM BREWERIES LTD | 822.32 | 2.10 | 1,730.4 |
ASSOCIATED ALCOHOLS & BREWERIES LTD | 412.02 | 4.06 | 1,673.0 |
Breweries & Distilleries Industry Benchmark (Top 10) PB Analysis vs JAGATJIT INDUSTRIES 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 2.10x |
Max industry PB | 15.25x |
Median industry PB | 10.27x |
Average industry PB | 8.22x |
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