OMAX AUTOS
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The Current P/B Ratio of OMAX AUTOS is 0.87.
Share Price | ₹120.4 | Nov 08,2024 |
Market Cap | ₹257.5 Cr | |
Book Value | ₹297.6 Cr | Mar2024 - Standalone Results |
Price/Book | 0.87x | Calculated as MarketCap/Book Value |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of OMAX AUTOS
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹257.5 Cr] as on Nov 08,2024
(/) Book Value [ ₹297.6 Cr] based on Mar2024 - Standalone Results
(=) P/B Ratio [ 0.87x ]
Thus, for OMAX AUTOS , the investors are currently willing to pay '0.87 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 OMAX AUTOS !
The chart below summarizes the trend in P/B Ratio of OMAX AUTOS over the last five years.
Historical PB (Price/Book ) ratio chart of OMAX AUTOS
PB Ratio Performance Analysis for OMAX AUTOS
- OMAX AUTOS 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.35x.
- OMAX AUTOS 's operated at median p/b ratio of 0.3x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, OMAX AUTOS 's p/b ratio peaked in Mar2024 at 0.7x.
- OMAX AUTOS 's p/b ratio hit its five-year low in Mar2020 of 0.15x.
How does OMAX AUTOS 's P/B Ratio benchmark against top 10 peers in Trading Industry?
Peer Comparison (Trading Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
OMAX AUTOS | 297.59 | 0.87 | 257.5 |
ADANI ENTERPRISES LTD | 36,452.10 | 9.27 | 338,042.0 |
REDINGTON LTD | 7,548.12 | 1.98 | 14,928.0 |
HONASA CONSUMER LTD | 1,070.46 | 11.59 | 12,403.4 |
MMTC LTD | 1,625.68 | 7.24 | 11,772.0 |
MSTC LTD | 889.04 | 5.04 | 4,485.2 |
LLOYDS ENTERPRISES LTD | 1,661.57 | 3.69 | 6,135.5 |
VERITAS (INDIA) LTD | 2,510.14 | 1.05 | 2,646.7 |
NOVARTIS INDIA LTD | 744.82 | 3.58 | 2,665.3 |
OPTIEMUS INFRACOM LTD | 426.48 | 13.52 | 5,766.2 |
MISHTANN FOODS LTD | 203.69 | 7.71 | 1,571.2 |
Trading Industry Benchmark (Top 10) PB Analysis vs OMAX AUTOS 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 0.87x |
Max industry PB | 13.52x |
Median industry PB | 5.04x |
Average industry PB | 5.96x |
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