LARSEN & TOUBRO
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The Current P/B Ratio of LARSEN & TOUBRO is 5.51.
Share Price | ₹3,464.3 | May 18,2024 |
Market Cap | ₹476,265.1 Cr | |
Book Value | ₹86,359.2 Cr | Mar2024 - Consolidated Results |
Price/Book | 5.51x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of LARSEN & TOUBRO
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹476,265.1 Cr] as on May 18,2024
(/) Book Value [ ₹86,359.2 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 5.51x ]
Thus, for LARSEN & TOUBRO , the investors are currently willing to pay '5.51 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 LARSEN & TOUBRO !
The chart below summarizes the trend in P/B Ratio of LARSEN & TOUBRO over the last five years.
Historical PB (Price/Book ) ratio chart of LARSEN & TOUBRO
PB Ratio Performance Analysis for LARSEN & TOUBRO
- LARSEN & TOUBRO 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 2.79x.
- LARSEN & TOUBRO 's operated at median p/b ratio of 3.03x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, LARSEN & TOUBRO 's p/b ratio peaked in Mar2023 at 3.42x.
- LARSEN & TOUBRO 's p/b ratio hit its five-year low in Mar2020 of 1.71x.
How does LARSEN & TOUBRO 's P/B Ratio benchmark against top 10 peers in Engineering - Construction Industry?
Peer Comparison (Engineering - Construction Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
LARSEN & TOUBRO | 86,359.20 | 5.51 | 476,265.1 |
RAIL VIKAS NIGAM LTD | 8,745.68 | 7.14 | 62,477.6 |
GMR AIRPORTS INFRASTRUCTURE LTD | -792.78 | -65.41 | 51,854.8 |
IRB INFRASTRUCTURE DEVELOPERS LTD | 13,744.50 | 3.03 | 41,590.6 |
IRCON INTERNATIONAL LTD | 5,211.49 | 4.94 | 25,727.8 |
KEC INTERNATIONAL LTD | 4,095.70 | 4.97 | 20,351.1 |
KALPATARU PROJECTS INTERNATIONAL LTD | 5,138.00 | 3.78 | 19,425.3 |
NCC LTD | 6,639.70 | 2.62 | 17,425.9 |
GR INFRAPROJECTS LTD | 6,265.13 | 2.38 | 14,941.3 |
STERLING AND WILSON RENEWABLE ENERGY LTD | 969.17 | 19.74 | 19,133.2 |
PNC INFRATECH LTD | 4,285.04 | 2.74 | 11,754.6 |
Engineering - Construction Industry Benchmark (Top 10) PB Analysis vs LARSEN & TOUBRO 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | -65.41x |
Max industry PB | 19.74x |
Median industry PB | 3.78x |
Average industry PB | -0.78x |
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