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MAJESTIC AUTO
PB (Price/Book ) Ratio

The Current P/B Ratio of MAJESTIC AUTO is 0.71.

Share Price ₹420.2Nov 04,2024
Market Cap ₹437.0 Cr
Book Value₹615.1 CrMar2024 - Consolidated Results
Price/Book 0.71xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of MAJESTIC AUTO

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 MAJESTIC AUTO is calculated as :

Current Market Cap [ ₹437.0 Cr] as on Nov 04,2024

(/) Book Value [ ₹615.1 Cr] based on Mar2024 - Consolidated Results

(=) P/B Ratio [ 0.71x ]

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

Thus, for MAJESTIC AUTO , the investors are currently willing to pay '0.71 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 MAJESTIC AUTO !

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

Historical PB (Price/Book ) ratio chart of MAJESTIC AUTO


PB Ratio Performance Analysis for MAJESTIC AUTO

- MAJESTIC AUTO 's latest p/b ratio is 0.71x.

- MAJESTIC AUTO 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.32x.

- MAJESTIC AUTO 's operated at median p/b ratio of 0.32x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, MAJESTIC AUTO 's p/b ratio peaked in Mar2024 at 0.49x.

- MAJESTIC AUTO 's p/b ratio hit its five-year low in Mar2020 of 0.2x.


How does MAJESTIC AUTO 's P/B Ratio benchmark against top 10 peers in Business Support Industry?

Peer Comparison (Business Support Industry)Book ValuePB RatioMarket Cap
MAJESTIC AUTO 615.080.71437.0
SYNGENE INTERNATIONAL LTD4,188.608.3234,837.6
SUN PHARMA ADVANCED RESEARCH COMPANY LTD124.8653.316,655.9
LATENT VIEW ANALYTICS LTD1,367.856.869,378.1
JUST DIAL LTD4,022.952.389,559.8
DREAMFOLKS SERVICES LTD228.0710.762,455.0
EKI ENERGY SERVICES LTD389.322.04794.8
AGS TRANSACT TECHNOLOGIES LTD440.822.571,134.9
JAYKAY ENTERPRISES LTD179.228.361,498.3
QUINT DIGITAL LTD249.191.33331.0
PTL ENTERPRISES LTD843.310.67561.5

Business Support Industry Benchmark (Top 10) PB Analysis vs MAJESTIC AUTO 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 0.67x
Max industry PB 53.31x
Median industry PB 2.57x
Average industry PB 8.85x



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