OVOBEL FOODS
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The Current P/B Ratio of OVOBEL FOODS is 1.40.
| Share Price | ₹113.0 | Dec 24,2024 |
| Market Cap | ₹107.4 Cr | |
| Book Value | ₹76.6 Cr | Mar2024 - Standalone Results |
| Price/Book | 1.40x | Calculated as MarketCap/Book Value |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PB (Price/Book ) ratio of OVOBEL FOODS
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
Current Market Cap [ ₹107.4 Cr] as on Dec 24,2024
(/) Book Value [ ₹76.6 Cr] based on Mar2024 - Standalone Results
(=) P/B Ratio [ 1.40x ]
P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.
Thus, for OVOBEL FOODS , the investors are currently willing to pay '1.40 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 OVOBEL FOODS !
The chart below summarizes the trend in P/B Ratio of OVOBEL FOODS over the last five years.
Thus, for OVOBEL FOODS , the investors are currently willing to pay '1.40 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 OVOBEL FOODS !
The chart below summarizes the trend in P/B Ratio of OVOBEL FOODS over the last five years.
Historical PB (Price/Book ) ratio chart of OVOBEL FOODS
PB Ratio Performance Analysis for OVOBEL FOODS
- OVOBEL FOODS 's latest p/b ratio is 1.40x.
- OVOBEL FOODS 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.62x.
- OVOBEL FOODS 's operated at median p/b ratio of 1.64x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, OVOBEL FOODS 's p/b ratio peaked in Mar2024 at 2.44x.
- OVOBEL FOODS 's p/b ratio hit its five-year low in Mar2020 of 0.79x.
- OVOBEL FOODS 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.62x.
- OVOBEL FOODS 's operated at median p/b ratio of 1.64x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, OVOBEL FOODS 's p/b ratio peaked in Mar2024 at 2.44x.
- OVOBEL FOODS 's p/b ratio hit its five-year low in Mar2020 of 0.79x.
How does OVOBEL FOODS 's P/B Ratio benchmark against top 10 peers in Consumer Food Industry?
| Peer Comparison (Consumer Food Industry) | Book Value | PB Ratio | Market Cap |
|---|---|---|---|
| OVOBEL FOODS | 76.63 | 1.40 | 107.4 |
| NESTLE INDIA LTD | 3,340.89 | 62.53 | 208,914.0 |
| VARUN BEVERAGES LTD | 6,927.65 | 30.62 | 212,105.0 |
| BRITANNIA INDUSTRIES LTD | 3,941.52 | 28.97 | 114,182.0 |
| MARICO LTD | 3,763.00 | 21.78 | 81,950.2 |
| JUBILANT FOODWORKS LTD | 2,127.41 | 21.83 | 46,449.8 |
| HATSUN AGRO PRODUCT LTD | 1,572.25 | 14.30 | 22,484.2 |
| DEVYANI INTERNATIONAL LTD | 1,031.21 | 21.00 | 21,652.5 |
| BIKAJI FOODS INTERNATIONAL LTD | 1,214.51 | 16.10 | 19,556.1 |
| SAPPHIRE FOODS INDIA LTD | 1,302.19 | 8.00 | 10,420.3 |
| GODREJ AGROVET LTD | 2,510.04 | 5.55 | 13,930.3 |
Consumer Food Industry Benchmark (Top 10) PB Analysis vs OVOBEL FOODS 's P/B Ratio
| Top 10 Industry Peers | PB Ratio |
|---|---|
| Min industry PB | 1.40x |
| Max industry PB | 62.53x |
| Median industry PB | 21.00x |
| Average industry PB | 21.10x |
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