LINDE INDIA
|
The Current P/B Ratio of LINDE INDIA is 16.33.
Share Price | ₹6,636.9 | Nov 19,2024 |
Market Cap | ₹56,612.8 Cr | |
Book Value | ₹3,466.8 Cr | Mar2024 - Consolidated Results |
Price/Book | 16.33x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of LINDE INDIA
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹56,612.8 Cr] as on Nov 19,2024
(/) Book Value [ ₹3,466.8 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 16.33x ]
Thus, for LINDE INDIA , the investors are currently willing to pay '16.33 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 LINDE INDIA !
The chart below summarizes the trend in P/B Ratio of LINDE INDIA over the last five years.
Historical PB (Price/Book ) ratio chart of LINDE INDIA
PB Ratio Performance Analysis for LINDE INDIA
- LINDE INDIA 's p/b ratio for fiscal years ending Mar2024 to Dec2019 averaged 8.17x.
- LINDE INDIA 's operated at median p/b ratio of 7.82x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, LINDE INDIA 's p/b ratio peaked in Mar2024 at 15.77x.
- LINDE INDIA 's p/b ratio hit its five-year low in Dec2019 of 2.6x.
How does LINDE INDIA 's P/B Ratio benchmark against top 10 peers in Industrial Gases & Fuels Industry?
Peer Comparison (Industrial Gases & Fuels Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
LINDE INDIA | 3,466.76 | 16.33 | 56,612.8 |
GAIL (INDIA) LTD | 76,997.20 | 1.59 | 122,658.0 |
PETRONET LNG LTD | 17,410.10 | 2.70 | 47,055.0 |
CONFIDENCE PETROLEUM INDIA LTD | 1,158.27 | 1.98 | 2,294.5 |
IRM ENERGY LTD | 931.76 | 1.64 | 1,530.3 |
REFEX INDUSTRIES LTD | 465.23 | 13.34 | 6,208.5 |
Industrial Gases & Fuels Industry Benchmark (Top 10) PB Analysis vs LINDE INDIA 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.59x |
Max industry PB | 16.33x |
Median industry PB | 2.70x |
Average industry PB | 6.27x |
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