PETRONET LNG
|
The Current P/B Ratio of PETRONET LNG is 3.05.
| Share Price | ₹354.1 | Sep 06,2024 |
| Market Cap | ₹53,107.5 Cr | |
| Book Value | ₹17,410.1 Cr | Mar2024 - Consolidated Results |
| Price/Book | 3.05x | Calculated as MarketCap/Book Value |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PB (Price/Book ) ratio of PETRONET LNG
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 [ ₹53,107.5 Cr] as on Sep 06,2024
(/) Book Value [ ₹17,410.1 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 3.05x ]
P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.
Thus, for PETRONET LNG , the investors are currently willing to pay '3.05 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 PETRONET LNG !
The chart below summarizes the trend in P/B Ratio of PETRONET LNG over the last five years.
Thus, for PETRONET LNG , the investors are currently willing to pay '3.05 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 PETRONET LNG !
The chart below summarizes the trend in P/B Ratio of PETRONET LNG over the last five years.
Historical PB (Price/Book ) ratio chart of PETRONET LNG
PB Ratio Performance Analysis for PETRONET LNG
- PETRONET LNG 's latest p/b ratio is 3.05x.
- PETRONET LNG 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 2.44x.
- PETRONET LNG 's operated at median p/b ratio of 2.27x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, PETRONET LNG 's p/b ratio peaked in Mar2021 at 2.86x.
- PETRONET LNG 's p/b ratio hit its five-year low in Mar2022 of 2.13x.
- PETRONET LNG 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 2.44x.
- PETRONET LNG 's operated at median p/b ratio of 2.27x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, PETRONET LNG 's p/b ratio peaked in Mar2021 at 2.86x.
- PETRONET LNG 's p/b ratio hit its five-year low in Mar2022 of 2.13x.
How does PETRONET LNG 's P/B Ratio benchmark against top 10 peers in Industrial Gases & Fuels Industry?
| Peer Comparison (Industrial Gases & Fuels Industry) | Book Value | PB Ratio | Market Cap |
|---|---|---|---|
| PETRONET LNG | 17,410.10 | 3.05 | 53,107.5 |
| GAIL (INDIA) LTD | 76,997.20 | 1.90 | 146,592.0 |
| LINDE INDIA LTD | 3,466.76 | 18.16 | 62,970.0 |
| CONFIDENCE PETROLEUM INDIA LTD | 1,181.65 | 2.45 | 2,894.5 |
| IRM ENERGY LTD | 931.76 | 1.90 | 1,766.0 |
| REFEX INDUSTRIES LTD | 465.23 | 10.64 | 4,949.7 |
Industrial Gases & Fuels Industry Benchmark (Top 10) PB Analysis vs PETRONET LNG 's P/B Ratio
| Top 10 Industry Peers | PB Ratio |
|---|---|
| Min industry PB | 1.90x |
| Max industry PB | 18.16x |
| Median industry PB | 3.05x |
| Average industry PB | 6.35x |
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