JK LAKSHMI CEMENT
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The Current P/B Ratio of JK LAKSHMI CEMENT is 2.87.
Share Price | ₹778.1 | Nov 29,2024 |
Market Cap | ₹9,157.6 Cr | |
Book Value | ₹3,186.7 Cr | Mar2024 - Consolidated Results |
Price/Book | 2.87x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of JK LAKSHMI CEMENT
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹9,157.6 Cr] as on Nov 29,2024
(/) Book Value [ ₹3,186.7 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 2.87x ]
Thus, for JK LAKSHMI CEMENT , the investors are currently willing to pay '2.87 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 LAKSHMI CEMENT !
The chart below summarizes the trend in P/B Ratio of JK LAKSHMI CEMENT over the last five years.
Historical PB (Price/Book ) ratio chart of JK LAKSHMI CEMENT
PB Ratio Performance Analysis for JK LAKSHMI CEMENT
- JK LAKSHMI CEMENT 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 2.51x.
- JK LAKSHMI CEMENT 's operated at median p/b ratio of 2.43x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, JK LAKSHMI CEMENT 's p/b ratio peaked in Mar2023 at 3.32x.
- JK LAKSHMI CEMENT 's p/b ratio hit its five-year low in Mar2020 of 1.37x.
How does JK LAKSHMI CEMENT 's P/B Ratio benchmark against top 10 peers in Cement & Construction Materials Industry?
Peer Comparison (Cement & Construction Materials Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
JK LAKSHMI CEMENT | 3,186.65 | 2.87 | 9,157.6 |
ULTRATECH CEMENT LTD | 60,105.50 | 5.38 | 323,327.0 |
AMBUJA CEMENTS LTD | 38,675.40 | 3.39 | 130,989.0 |
SHREE CEMENT LTD | 20,702.90 | 4.54 | 94,027.0 |
ACC LTD | 16,329.70 | 2.56 | 41,755.4 |
DALMIA BHARAT LTD | 16,396.00 | 2.08 | 34,105.8 |
JK CEMENT LTD | 5,367.14 | 6.16 | 33,042.6 |
THE RAMCO CEMENTS LTD | 7,237.90 | 3.31 | 23,993.1 |
NUVOCO VISTAS CORPORATION LTD | 8,983.52 | 1.40 | 12,536.2 |
STAR CEMENT LTD | 2,710.12 | 2.73 | 7,388.4 |
PRISM JOHNSON LTD | 1,388.96 | 6.82 | 9,470.7 |
Cement & Construction Materials Industry Benchmark (Top 10) PB Analysis vs JK LAKSHMI CEMENT 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.40x |
Max industry PB | 6.82x |
Median industry PB | 3.31x |
Average industry PB | 3.75x |
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