MAJESTIC AUTO
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The Current P/B Ratio of MAJESTIC AUTO is 0.71.
Share Price | ₹420.2 | Nov 04,2024 |
Market Cap | ₹437.0 Cr | |
Book Value | ₹615.1 Cr | Mar2024 - Consolidated Results |
Price/Book | 0.71x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of MAJESTIC AUTO
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
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 ]
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 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 Value | PB Ratio | Market Cap |
---|---|---|---|
MAJESTIC AUTO | 615.08 | 0.71 | 437.0 |
SYNGENE INTERNATIONAL LTD | 4,188.60 | 8.32 | 34,837.6 |
SUN PHARMA ADVANCED RESEARCH COMPANY LTD | 124.86 | 53.31 | 6,655.9 |
LATENT VIEW ANALYTICS LTD | 1,367.85 | 6.86 | 9,378.1 |
JUST DIAL LTD | 4,022.95 | 2.38 | 9,559.8 |
DREAMFOLKS SERVICES LTD | 228.07 | 10.76 | 2,455.0 |
EKI ENERGY SERVICES LTD | 389.32 | 2.04 | 794.8 |
AGS TRANSACT TECHNOLOGIES LTD | 440.82 | 2.57 | 1,134.9 |
JAYKAY ENTERPRISES LTD | 179.22 | 8.36 | 1,498.3 |
QUINT DIGITAL LTD | 249.19 | 1.33 | 331.0 |
PTL ENTERPRISES LTD | 843.31 | 0.67 | 561.5 |
Business Support Industry Benchmark (Top 10) PB Analysis vs MAJESTIC AUTO 's P/B Ratio
Top 10 Industry Peers | PB 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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