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ORIENT CERATECH
PB (Price/Book ) Ratio

The Current P/B Ratio of ORIENT CERATECH is 2.40.

Share Price ₹55.3Sep 06,2024
Market Cap ₹661.6 Cr
Book Value₹275.7 CrMar2024 - Consolidated Results
Price/Book 2.40xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of ORIENT CERATECH

Price-to-Book ratio, P/B Multiple, or P/B Ratio is an important valuation multiple that is defined as:

P/B = Market Capitalization / Book Value

or, using per-share numbers:

P/B = Stock Price / Book Value Per Share

Applying the above formula, P/B ratio of ORIENT CERATECH is calculated as :

Current Market Cap [ ₹661.6 Cr] as on Sep 06,2024

(/) Book Value [ ₹275.7 Cr] based on Mar2024 - Consolidated Results

(=) P/B Ratio [ 2.40x ]

P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.

Thus, for ORIENT CERATECH , the investors are currently willing to pay '2.40 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 latest p/b ratio is 2.40x.

- ORIENT CERATECH 's p/b ratio for fiscal years ending Mar2023 to Mar2011 averaged 1.63x.

- ORIENT CERATECH 's operated at median p/b ratio of 1.43x from fiscal years ending March 2018 to 2022.

- Looking back at the last 3 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 ValuePB RatioMarket Cap
ORIENT CERATECH 275.682.40661.6
RHI MAGNESITA INDIA LTD3,845.723.2212,376.7
VESUVIUS INDIA LTD1,193.548.9710,708.2
IFGL REFRACTORIES LTD1,072.052.082,225.4
MORGANITE CRUCIBLE (INDIA) LTD128.327.981,023.5
ASSOCIATED CERAMICS LTD21.232.8360.1
NILACHAL REFRACTORIES LTD0.58173.5199.8

Refractories Industry Benchmark (Top 10) PB Analysis vs ORIENT CERATECH 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 2.08x
Max industry PB 173.51x
Median industry PB 3.22x
Average industry PB 28.71x



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