MANGALORE REFINERY AND PETROCHEMICALS
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The Current P/B Ratio of MANGALORE REFINERY AND PETROCHEMICALS is 1.93.
Share Price | ₹146.4 | Dec 17,2024 |
Market Cap | ₹25,658.1 Cr | |
Book Value | ₹13,282.5 Cr | Mar2024 - Consolidated Results |
Price/Book | 1.93x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of MANGALORE REFINERY AND PETROCHEMICALS
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹25,658.1 Cr] as on Dec 17,2024
(/) Book Value [ ₹13,282.5 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 1.93x ]
Thus, for MANGALORE REFINERY AND PETROCHEMICALS , the investors are currently willing to pay '1.93 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 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 Value | PB Ratio | Market Cap |
---|---|---|---|
MANGALORE REFINERY AND PETROCHEMICALS | 13,282.50 | 1.93 | 25,658.1 |
RELIANCE INDUSTRIES LTD | 792,701.00 | 2.13 | 1,684,920.0 |
INDIAN OIL CORPORATION LTD | 183,416.00 | 1.08 | 198,403.0 |
BHARAT PETROLEUM CORPORATION LTD | 75,635.10 | 1.68 | 127,139.0 |
HINDUSTAN PETROLEUM CORPORATION LTD | 46,921.40 | 1.85 | 86,581.1 |
CHENNAI PETROLEUM CORPORATION LTD | 8,820.92 | 0.99 | 8,729.2 |
Refineries Industry Benchmark (Top 10) PB Analysis vs MANGALORE REFINERY AND PETROCHEMICALS 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 0.99x |
Max industry PB | 2.13x |
Median industry PB | 1.85x |
Average industry PB | 1.61x |
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