PARSHVA ENTERPRISES
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The Current P/B Ratio of PARSHVA ENTERPRISES is 18.22.
Share Price | ₹242.1 | Sep 06,2024 |
Market Cap | ₹246.9 Cr | |
Book Value | ₹13.6 Cr | Mar2024 - Standalone Results |
Price/Book | 18.22x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of PARSHVA ENTERPRISES
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹246.9 Cr] as on Sep 06,2024
(/) Book Value [ ₹13.6 Cr] based on Mar2024 - Standalone Results
(=) P/B Ratio [ 18.22x ]
Thus, for PARSHVA ENTERPRISES , the investors are currently willing to pay '18.22 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 PARSHVA ENTERPRISES !
The chart below summarizes the trend in P/B Ratio of PARSHVA ENTERPRISES over the last five years.
Historical PB (Price/Book ) ratio chart of PARSHVA ENTERPRISES
PB Ratio Performance Analysis for PARSHVA ENTERPRISES
- PARSHVA ENTERPRISES 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 8.60x.
- PARSHVA ENTERPRISES 's operated at median p/b ratio of 10.82x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, PARSHVA ENTERPRISES 's p/b ratio peaked in Mar2023 at 16.35x.
- PARSHVA ENTERPRISES 's p/b ratio hit its five-year low in Mar2021 of 0x.
How does PARSHVA ENTERPRISES 's P/B Ratio benchmark against top 10 peers in Trading Industry?
Peer Comparison (Trading Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
PARSHVA ENTERPRISES | 13.55 | 18.22 | 246.9 |
ADANI ENTERPRISES LTD | 36,452.10 | 9.31 | 339,361.0 |
REDINGTON LTD | 7,548.12 | 2.05 | 15,510.4 |
HONASA CONSUMER LTD | 1,070.46 | 16.14 | 17,272.5 |
MMTC LTD | 1,625.68 | 8.80 | 14,310.0 |
MSTC LTD | 889.04 | 5.96 | 5,296.2 |
LLOYDS ENTERPRISES LTD | 1,661.57 | 3.05 | 5,075.8 |
VERITAS (INDIA) LTD | 2,510.14 | 1.13 | 2,843.1 |
NOVARTIS INDIA LTD | 744.82 | 3.61 | 2,692.0 |
OPTIEMUS INFRACOM LTD | 382.46 | 13.19 | 5,045.4 |
MISHTANN FOODS LTD | 203.69 | 7.97 | 1,622.9 |
Trading Industry Benchmark (Top 10) PB Analysis vs PARSHVA ENTERPRISES 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.13x |
Max industry PB | 18.22x |
Median industry PB | 7.97x |
Average industry PB | 8.13x |
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