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JK CEMENT
PB (Price/Book ) Ratio

The Current P/B Ratio of JK CEMENT is 6.92.

Share Price ₹4,807.6Sep 16,2024
Market Cap ₹37,162.4 Cr
Book Value₹5,367.1 CrMar2024 - Consolidated Results
Price/Book 6.92xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of JK CEMENT

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 JK CEMENT is calculated as :

Current Market Cap [ ₹37,162.4 Cr] as on Sep 16,2024

(/) Book Value [ ₹5,367.1 Cr] based on Mar2024 - Consolidated Results

(=) P/B Ratio [ 6.92x ]

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

Thus, for JK CEMENT , the investors are currently willing to pay '6.92 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 JK CEMENT !

The chart below summarizes the trend in P/B Ratio of JK CEMENT over the last five years.

Historical PB (Price/Book ) ratio chart of JK CEMENT


PB Ratio Performance Analysis for JK CEMENT

- JK CEMENT 's latest p/b ratio is 6.92x.

- JK CEMENT 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 4.68x.

- JK CEMENT 's operated at median p/b ratio of 4.82x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, JK CEMENT 's p/b ratio peaked in Mar2021 at 5.98x.

- JK CEMENT 's p/b ratio hit its five-year low in Mar2020 of 2.4x.


How does JK CEMENT 's P/B Ratio benchmark against top 10 peers in Cement & Construction Materials Industry?

Peer Comparison (Cement & Construction Materials Industry)Book ValuePB RatioMarket Cap
JK CEMENT 5,367.146.9237,162.4
ULTRATECH CEMENT LTD60,105.505.59336,083.0
AMBUJA CEMENTS LTD38,675.403.99154,475.0
SHREE CEMENT LTD20,702.904.4692,395.6
ACC LTD16,329.702.8947,171.2
DALMIA BHARAT LTD16,396.002.1234,825.7
THE RAMCO CEMENTS LTD7,237.902.7820,106.1
NUVOCO VISTAS CORPORATION LTD8,983.521.3912,529.0
JK LAKSHMI CEMENT LTD3,186.652.909,252.4
STAR CEMENT LTD2,710.123.108,400.9
PRISM JOHNSON LTD1,388.967.6710,656.1

Cement & Construction Materials Industry Benchmark (Top 10) PB Analysis vs JK CEMENT 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 1.39x
Max industry PB 7.67x
Median industry PB 3.10x
Average industry PB 3.98x



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