RELIANCE INDUSTRIAL INFRASTRUCTURE
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The Current P/B Ratio of RELIANCE INDUSTRIAL INFRASTRUCTURE is 3.58.
Share Price | ₹1,118.7 | Oct 31,2024 |
Market Cap | ₹1,689.2 Cr | |
Book Value | ₹471.4 Cr | Mar2024 - Consolidated Results |
Price/Book | 3.58x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of RELIANCE INDUSTRIAL INFRASTRUCTURE
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹1,689.2 Cr] as on Oct 31,2024
(/) Book Value [ ₹471.4 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 3.58x ]
Thus, for RELIANCE INDUSTRIAL INFRASTRUCTURE , the investors are currently willing to pay '3.58 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 RELIANCE INDUSTRIAL INFRASTRUCTURE !
The chart below summarizes the trend in P/B Ratio of RELIANCE INDUSTRIAL INFRASTRUCTURE over the last five years.
Historical PB (Price/Book ) ratio chart of RELIANCE INDUSTRIAL INFRASTRUCTURE
PB Ratio Performance Analysis for RELIANCE INDUSTRIAL INFRASTRUCTURE
- RELIANCE INDUSTRIAL INFRASTRUCTURE 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 2.34x.
- RELIANCE INDUSTRIAL INFRASTRUCTURE 's operated at median p/b ratio of 2.7x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, RELIANCE INDUSTRIAL INFRASTRUCTURE 's p/b ratio peaked in Mar2024 at 4.09x.
- RELIANCE INDUSTRIAL INFRASTRUCTURE 's p/b ratio hit its five-year low in Mar2020 of 0.85x.
How does RELIANCE INDUSTRIAL INFRASTRUCTURE 's P/B Ratio benchmark against top 10 peers in Engineering - Construction Industry?
Peer Comparison (Engineering - Construction Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
RELIANCE INDUSTRIAL INFRASTRUCTURE | 471.35 | 3.58 | 1,689.2 |
LARSEN & TOUBRO LTD | 85,808.70 | 5.81 | 498,402.0 |
RAIL VIKAS NIGAM LTD | 8,745.68 | 11.23 | 98,214.9 |
GMR AIRPORTS INFRASTRUCTURE LTD | -2,164.16 | -38.70 | 83,753.8 |
IRB INFRASTRUCTURE DEVELOPERS LTD | 13,744.50 | 2.28 | 31,294.1 |
IRCON INTERNATIONAL LTD | 5,870.92 | 3.49 | 20,470.3 |
KEC INTERNATIONAL LTD | 4,095.70 | 6.40 | 26,214.1 |
KALPATARU PROJECTS INTERNATIONAL LTD | 5,137.99 | 4.03 | 20,681.0 |
NCC LTD | 6,639.70 | 2.82 | 18,747.5 |
GR INFRAPROJECTS LTD | 7,584.66 | 2.07 | 15,695.0 |
STERLING AND WILSON RENEWABLE ENERGY LTD | 963.20 | 14.18 | 13,656.7 |
Engineering - Construction Industry Benchmark (Top 10) PB Analysis vs RELIANCE INDUSTRIAL INFRASTRUCTURE 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | -38.70x |
Max industry PB | 14.18x |
Median industry PB | 3.58x |
Average industry PB | 1.56x |
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