PONNI SUGARS (ERODE)
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The Current P/B Ratio of PONNI SUGARS (ERODE) is 0.59.
Share Price | ₹379.9 | Jan 14,2025 |
Market Cap | ₹326.7 Cr | |
Book Value | ₹551.9 Cr | Mar2024 - Standalone Results |
Price/Book | 0.59x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of PONNI SUGARS (ERODE)
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹326.7 Cr] as on Jan 14,2025
(/) Book Value [ ₹551.9 Cr] based on Mar2024 - Standalone Results
(=) P/B Ratio [ 0.59x ]
Thus, for PONNI SUGARS (ERODE) , the investors are currently willing to pay '0.59 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 PONNI SUGARS (ERODE) !
The chart below summarizes the trend in P/B Ratio of PONNI SUGARS (ERODE) over the last five years.
Historical PB (Price/Book ) ratio chart of PONNI SUGARS (ERODE)
PB Ratio Performance Analysis for PONNI SUGARS (ERODE)
- PONNI SUGARS (ERODE) 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.56x.
- PONNI SUGARS (ERODE) 's operated at median p/b ratio of 0.54x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, PONNI SUGARS (ERODE) 's p/b ratio peaked in Mar2023 at 0.75x.
- PONNI SUGARS (ERODE) 's p/b ratio hit its five-year low in Mar2021 of 0.39x.
How does PONNI SUGARS (ERODE) 's P/B Ratio benchmark against top 10 peers in Sugar Industry?
Peer Comparison (Sugar Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
PONNI SUGARS (ERODE) | 551.92 | 0.59 | 326.7 |
EID PARRY (INDIA) LTD | 7,041.16 | 2.01 | 14,175.8 |
SHREE RENUKA SUGARS LTD | -1,437.85 | -5.33 | 7,658.3 |
BALRAMPUR CHINI MILLS LTD | 3,377.00 | 2.97 | 10,034.5 |
TRIVENI ENGINEERING & INDUSTRIES LTD | 2,900.90 | 3.02 | 8,763.6 |
BAJAJ HINDUSTHAN SUGAR LTD | 4,475.14 | 0.80 | 3,563.8 |
BANNARI AMMAN SUGARS LTD | 1,688.40 | 2.72 | 4,597.7 |
DALMIA BHARAT SUGAR AND INDUSTRIES LTD | 2,931.48 | 0.95 | 2,775.0 |
PICCADILY AGRO INDUSTRIES LTD | 339.71 | 22.21 | 7,543.4 |
DCM SHRIRAM INDUSTRIES LTD | 815.38 | 1.83 | 1,490.6 |
DWARIKESH SUGAR INDUSTRIES LTD | 822.08 | 1.08 | 889.1 |
Sugar Industry Benchmark (Top 10) PB Analysis vs PONNI SUGARS (ERODE) 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | -5.33x |
Max industry PB | 22.21x |
Median industry PB | 1.83x |
Average industry PB | 2.99x |
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