MMTC
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The Current P/B Ratio of MMTC is 6.80.
Share Price | ₹73.7 | Nov 21,2024 |
Market Cap | ₹11,055.0 Cr | |
Book Value | ₹1,625.7 Cr | Mar2024 - Consolidated Results |
Price/Book | 6.80x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of MMTC
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹11,055.0 Cr] as on Nov 21,2024
(/) Book Value [ ₹1,625.7 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 6.80x ]
Thus, for MMTC , the investors are currently willing to pay '6.80 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 MMTC !
The chart below summarizes the trend in P/B Ratio of MMTC over the last five years.
Historical PB (Price/Book ) ratio chart of MMTC
PB Ratio Performance Analysis for MMTC
- MMTC 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 6.12x.
- MMTC 's operated at median p/b ratio of 2.96x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, MMTC 's p/b ratio peaked in Mar2021 at 63.77x.
- MMTC 's p/b ratio hit its five-year low in Mar2022 of -44.38x.
How does MMTC 's P/B Ratio benchmark against top 10 peers in Trading Industry?
Peer Comparison (Trading Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
MMTC | 1,625.68 | 6.80 | 11,055.0 |
ADANI ENTERPRISES LTD | 36,452.10 | 6.91 | 251,906.0 |
REDINGTON LTD | 7,548.12 | 1.98 | 14,971.0 |
HONASA CONSUMER LTD | 1,070.46 | 7.20 | 7,711.3 |
MSTC LTD | 889.04 | 4.88 | 4,336.3 |
LLOYDS ENTERPRISES LTD | 1,661.57 | 3.37 | 5,592.3 |
VERITAS (INDIA) LTD | 2,510.14 | 0.93 | 2,324.4 |
NOVARTIS INDIA LTD | 744.82 | 3.40 | 2,529.2 |
OPTIEMUS INFRACOM LTD | 426.48 | 12.20 | 5,203.0 |
MISHTANN FOODS LTD | 203.69 | 7.34 | 1,495.7 |
SIRCA PAINTS INDIA LTD | 308.68 | 5.72 | 1,765.9 |
Trading Industry Benchmark (Top 10) PB Analysis vs MMTC 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 0.93x |
Max industry PB | 12.20x |
Median industry PB | 5.72x |
Average industry PB | 5.52x |
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