LANCER CONTAINER LINES
|
The Current P/B Ratio of LANCER CONTAINER LINES is 2.28.
| Share Price | ₹38.3 | Nov 07,2024 |
| Market Cap | ₹911.7 Cr | |
| Book Value | ₹400.3 Cr | Mar2024 - Consolidated Results |
| Price/Book | 2.28x | Calculated as MarketCap/Book Value |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PB (Price/Book ) ratio of LANCER CONTAINER LINES
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 [ ₹911.7 Cr] as on Nov 07,2024
(/) Book Value [ ₹400.3 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 2.28x ]
P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.
Thus, for LANCER CONTAINER LINES , the investors are currently willing to pay '2.28 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 LANCER CONTAINER LINES !
The chart below summarizes the trend in P/B Ratio of LANCER CONTAINER LINES over the last five years.
Thus, for LANCER CONTAINER LINES , the investors are currently willing to pay '2.28 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 LANCER CONTAINER LINES !
The chart below summarizes the trend in P/B Ratio of LANCER CONTAINER LINES over the last five years.
Historical PB (Price/Book ) ratio chart of LANCER CONTAINER LINES
PB Ratio Performance Analysis for LANCER CONTAINER LINES
- LANCER CONTAINER LINES 's latest p/b ratio is 2.28x.
- LANCER CONTAINER LINES 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 3.56x.
- LANCER CONTAINER LINES 's operated at median p/b ratio of 4.16x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, LANCER CONTAINER LINES 's p/b ratio peaked in Mar2022 at 6.68x.
- LANCER CONTAINER LINES 's p/b ratio hit its five-year low in Mar2020 of 0.79x.
- LANCER CONTAINER LINES 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 3.56x.
- LANCER CONTAINER LINES 's operated at median p/b ratio of 4.16x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, LANCER CONTAINER LINES 's p/b ratio peaked in Mar2022 at 6.68x.
- LANCER CONTAINER LINES 's p/b ratio hit its five-year low in Mar2020 of 0.79x.
How does LANCER CONTAINER LINES 's P/B Ratio benchmark against top 10 peers in Logistics Industry?
| Peer Comparison (Logistics Industry) | Book Value | PB Ratio | Market Cap |
|---|---|---|---|
| LANCER CONTAINER LINES | 400.31 | 2.28 | 911.7 |
| CONTAINER CORPORATION OF INDIA LTD | 11,823.20 | 4.38 | 51,732.1 |
| AEGIS LOGISTICS LTD | 3,894.35 | 7.21 | 28,081.8 |
| ALLCARGO LOGISTICS LTD | 2,501.44 | 2.24 | 5,615.6 |
| TVS SUPPLY CHAIN SOLUTIONS LTD | 1,779.27 | 4.66 | 8,292.9 |
| TRANSPORT CORPORATION OF INDIA LTD | 1,992.12 | 4.69 | 9,336.7 |
| GATEWAY DISTRIPARKS LTD | 1,932.61 | 2.26 | 4,361.4 |
| VRL LOGISTICS LTD | 945.79 | 5.29 | 5,004.5 |
| MAHINDRA LOGISTICS LTD | 485.64 | 6.15 | 2,985.4 |
| NAVKAR CORPORATION LTD | 1,974.51 | 1.08 | 2,138.9 |
| ALLCARGO TERMINALS LTD | 237.71 | 4.36 | 1,037.1 |
Logistics Industry Benchmark (Top 10) PB Analysis vs LANCER CONTAINER LINES 's P/B Ratio
| Top 10 Industry Peers | PB Ratio |
|---|---|
| Min industry PB | 1.08x |
| Max industry PB | 7.21x |
| Median industry PB | 4.38x |
| Average industry PB | 4.05x |
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