ORIENT CERATECH
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The Current P/B Ratio of ORIENT CERATECH is 1.81.
Share Price | ₹41.7 | Nov 22,2024 |
Market Cap | ₹499.0 Cr | |
Book Value | ₹275.7 Cr | Mar2024 - Consolidated Results |
Price/Book | 1.81x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of ORIENT CERATECH
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹499.0 Cr] as on Nov 22,2024
(/) Book Value [ ₹275.7 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 1.81x ]
Thus, for ORIENT CERATECH , the investors are currently willing to pay '1.81 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 ORIENT CERATECH !
The chart below summarizes the trend in P/B Ratio of ORIENT CERATECH over the last five years.
Historical PB (Price/Book ) ratio chart of ORIENT CERATECH
PB Ratio Performance Analysis for ORIENT CERATECH
- ORIENT CERATECH 's p/b ratio for fiscal years ending Mar2024 to Mar2011 averaged 1.74x.
- ORIENT CERATECH 's operated at median p/b ratio of 2.07x from fiscal years ending March 2018 to 2022.
- Looking back at the last 4 fiscal years, ORIENT CERATECH 's p/b ratio peaked in Mar2011 at 2.41x.
- ORIENT CERATECH 's p/b ratio hit its five-year low in Mar2023 of 1.05x.
How does ORIENT CERATECH 's P/B Ratio benchmark against top 10 peers in Refractories Industry?
Peer Comparison (Refractories Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
ORIENT CERATECH | 275.68 | 1.81 | 499.0 |
RHI MAGNESITA INDIA LTD | 3,845.72 | 2.74 | 10,531.6 |
VESUVIUS INDIA LTD | 1,193.54 | 8.88 | 10,602.9 |
IFGL REFRACTORIES LTD | 1,072.05 | 1.60 | 1,716.9 |
MORGANITE CRUCIBLE (INDIA) LTD | 128.32 | 8.07 | 1,035.1 |
ASSOCIATED CERAMICS LTD | 21.47 | 2.61 | 55.9 |
NILACHAL REFRACTORIES LTD | -5.92 | -14.43 | 85.4 |
Refractories Industry Benchmark (Top 10) PB Analysis vs ORIENT CERATECH 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | -14.43x |
Max industry PB | 8.88x |
Median industry PB | 2.61x |
Average industry PB | 1.61x |
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