MARICO
|
The Current P/B Ratio of MARICO is 20.33.
Share Price | ₹590.8 | Nov 21,2024 |
Market Cap | ₹76,520.4 Cr | |
Book Value | ₹3,763.0 Cr | Mar2024 - Consolidated Results |
Price/Book | 20.33x | Calculated as MarketCap/Book Value |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of MARICO
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹76,520.4 Cr] as on Nov 21,2024
(/) Book Value [ ₹3,763.0 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 20.33x ]
Thus, for MARICO , the investors are currently willing to pay '20.33 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 MARICO !
The chart below summarizes the trend in P/B Ratio of MARICO over the last five years.
Historical PB (Price/Book ) ratio chart of MARICO
PB Ratio Performance Analysis for MARICO
- MARICO 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 16.29x.
- MARICO 's operated at median p/b ratio of 16.53x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, MARICO 's p/b ratio peaked in Mar2022 at 19.56x.
- MARICO 's p/b ratio hit its five-year low in Mar2020 of 11.83x.
How does MARICO 's P/B Ratio benchmark against top 10 peers in Consumer Food Industry?
Peer Comparison (Consumer Food Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
MARICO | 3,763.00 | 20.33 | 76,520.4 |
NESTLE INDIA LTD | 3,340.89 | 63.79 | 213,122.0 |
VARUN BEVERAGES LTD | 6,927.65 | 30.60 | 211,967.0 |
BRITANNIA INDUSTRIES LTD | 3,941.52 | 29.36 | 115,722.0 |
JUBILANT FOODWORKS LTD | 2,127.41 | 18.93 | 40,267.1 |
HATSUN AGRO PRODUCT LTD | 1,572.25 | 14.80 | 23,271.6 |
DEVYANI INTERNATIONAL LTD | 1,031.21 | 18.85 | 19,439.0 |
BIKAJI FOODS INTERNATIONAL LTD | 1,214.51 | 15.12 | 18,369.3 |
SAPPHIRE FOODS INDIA LTD | 1,302.19 | 7.40 | 9,631.0 |
GODREJ AGROVET LTD | 2,510.04 | 5.47 | 13,738.0 |
ZYDUS WELLNESS LTD | 5,357.50 | 2.29 | 12,291.2 |
Consumer Food Industry Benchmark (Top 10) PB Analysis vs MARICO 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 2.29x |
Max industry PB | 63.79x |
Median industry PB | 18.85x |
Average industry PB | 20.63x |
You may also like the below Video Courses