PICCADILY AGRO INDUSTRIES
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The Current P/B Ratio of PICCADILY AGRO INDUSTRIES is 20.01.
Share Price | ₹720.7 | Nov 14,2024 |
Market Cap | ₹6,796.2 Cr | |
Book Value | ₹339.7 Cr | Mar2024 - Consolidated Results |
Price/Book | 20.01x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of PICCADILY AGRO INDUSTRIES
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹6,796.2 Cr] as on Nov 14,2024
(/) Book Value [ ₹339.7 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 20.01x ]
Thus, for PICCADILY AGRO INDUSTRIES , the investors are currently willing to pay '20.01 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 PICCADILY AGRO INDUSTRIES !
The chart below summarizes the trend in P/B Ratio of PICCADILY AGRO INDUSTRIES over the last five years.
Historical PB (Price/Book ) ratio chart of PICCADILY AGRO INDUSTRIES
PB Ratio Performance Analysis for PICCADILY AGRO INDUSTRIES
- PICCADILY AGRO INDUSTRIES 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 2.51x.
- PICCADILY AGRO INDUSTRIES 's operated at median p/b ratio of 1.42x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, PICCADILY AGRO INDUSTRIES 's p/b ratio peaked in Mar2024 at 8.39x.
- PICCADILY AGRO INDUSTRIES 's p/b ratio hit its five-year low in Mar2020 of 0.31x.
How does PICCADILY AGRO INDUSTRIES 's P/B Ratio benchmark against top 10 peers in Sugar Industry?
Peer Comparison (Sugar Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
PICCADILY AGRO INDUSTRIES | 339.71 | 20.01 | 6,796.2 |
EID PARRY (INDIA) LTD | 7,041.16 | 1.97 | 13,901.7 |
SHREE RENUKA SUGARS LTD | -1,437.85 | -5.93 | 8,531.0 |
BALRAMPUR CHINI MILLS LTD | 3,377.00 | 3.23 | 10,891.6 |
TRIVENI ENGINEERING & INDUSTRIES LTD | 2,900.90 | 2.85 | 8,260.1 |
BAJAJ HINDUSTHAN SUGAR LTD | 4,475.14 | 0.88 | 3,947.0 |
BANNARI AMMAN SUGARS LTD | 1,688.40 | 2.54 | 4,295.1 |
DALMIA BHARAT SUGAR AND INDUSTRIES LTD | 2,931.48 | 1.14 | 3,342.4 |
DCM SHRIRAM INDUSTRIES LTD | 815.38 | 1.97 | 1,605.9 |
DWARIKESH SUGAR INDUSTRIES LTD | 822.08 | 1.39 | 1,144.2 |
DHAMPUR SUGAR MILLS LTD | 1,100.33 | 1.03 | 1,135.5 |
Sugar Industry Benchmark (Top 10) PB Analysis vs PICCADILY AGRO INDUSTRIES 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | -5.93x |
Max industry PB | 20.01x |
Median industry PB | 1.97x |
Average industry PB | 2.83x |
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