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JAGATJIT INDUSTRIES
PB (Price/Book ) Ratio

The Current P/B Ratio of JAGATJIT INDUSTRIES is 14.47.

Share Price ₹226.8Nov 22,2024
Market Cap ₹1,061.4 Cr
Book Value₹73.4 CrMar2024 - Consolidated Results
Price/Book 14.47xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of JAGATJIT INDUSTRIES

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

Applying the above formula, P/B ratio of JAGATJIT INDUSTRIES is calculated as :

Current Market Cap [ ₹1,061.4 Cr] as on Nov 22,2024

(/) Book Value [ ₹73.4 Cr] based on Mar2024 - Consolidated Results

(=) P/B Ratio [ 14.47x ]

P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.

Thus, for JAGATJIT INDUSTRIES , the investors are currently willing to pay '14.47 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 latest p/b ratio is 14.47x.

- 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 ValuePB RatioMarket Cap
JAGATJIT INDUSTRIES 73.3714.471,061.4
UNITED SPIRITS LTD7,120.0015.33109,168.0
UNITED BREWERIES LTD4,178.3411.7749,180.7
RADICO KHAITAN LTD2,432.8912.5830,615.3
SULA VINEYARDS LTD548.816.103,345.6
TILAKNAGAR INDUSTRIES LTD645.7510.416,723.6
SOM DISTILLERIES BREWERIES & WINERIES LTD529.883.761,991.8
GLOBUS SPIRITS LTD967.172.452,370.2
GM BREWERIES LTD822.322.161,777.3
ASSOCIATED ALCOHOLS & BREWERIES LTD412.024.051,669.6

Breweries & Distilleries Industry Benchmark (Top 10) PB Analysis vs JAGATJIT INDUSTRIES 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 2.16x
Max industry PB 15.33x
Median industry PB 10.41x
Average industry PB 8.31x



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