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MANGALORE REFINERY AND PETROCHEMICALS
PB (Price/Book ) Ratio

The Current P/B Ratio of MANGALORE REFINERY AND PETROCHEMICALS is 2.05.

Share Price ₹155.7Nov 25,2024
Market Cap ₹27,279.2 Cr
Book Value₹13,282.5 CrMar2024 - Consolidated Results
Price/Book 2.05xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of MANGALORE REFINERY AND PETROCHEMICALS

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 MANGALORE REFINERY AND PETROCHEMICALS is calculated as :

Current Market Cap [ ₹27,279.2 Cr] as on Nov 25,2024

(/) Book Value [ ₹13,282.5 Cr] based on Mar2024 - Consolidated Results

(=) P/B Ratio [ 2.05x ]

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

Thus, for MANGALORE REFINERY AND PETROCHEMICALS , the investors are currently willing to pay '2.05 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 MANGALORE REFINERY AND PETROCHEMICALS !

The chart below summarizes the trend in P/B Ratio of MANGALORE REFINERY AND PETROCHEMICALS over the last five years.

Historical PB (Price/Book ) ratio chart of MANGALORE REFINERY AND PETROCHEMICALS


PB Ratio Performance Analysis for MANGALORE REFINERY AND PETROCHEMICALS

- MANGALORE REFINERY AND PETROCHEMICALS 's latest p/b ratio is 2.05x.

- MANGALORE REFINERY AND PETROCHEMICALS 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.41x.

- MANGALORE REFINERY AND PETROCHEMICALS 's operated at median p/b ratio of 1.01x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, MANGALORE REFINERY AND PETROCHEMICALS 's p/b ratio peaked in Mar2024 at 2.89x.

- MANGALORE REFINERY AND PETROCHEMICALS 's p/b ratio hit its five-year low in Mar2020 of 0.64x.


How does MANGALORE REFINERY AND PETROCHEMICALS 's P/B Ratio benchmark against top 10 peers in Refineries Industry?

Peer Comparison (Refineries Industry)Book ValuePB RatioMarket Cap
MANGALORE REFINERY AND PETROCHEMICALS 13,282.502.0527,279.2
RELIANCE INDUSTRIES LTD792,701.002.201,742,700.0
INDIAN OIL CORPORATION LTD183,416.001.05192,684.0
BHARAT PETROLEUM CORPORATION LTD75,635.101.70128,744.0
HINDUSTAN PETROLEUM CORPORATION LTD46,921.401.7180,155.1
CHENNAI PETROLEUM CORPORATION LTD8,820.921.008,802.9

Refineries Industry Benchmark (Top 10) PB Analysis vs MANGALORE REFINERY AND PETROCHEMICALS 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 1.00x
Max industry PB 2.20x
Median industry PB 1.71x
Average industry PB 1.62x



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