SAVITA OIL TECHNOLOGIES
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The Current P/B Ratio of SAVITA OIL TECHNOLOGIES is 2.02.
Share Price | ₹477.4 | Nov 21,2024 |
Market Cap | ₹3,275.0 Cr | |
Book Value | ₹1,621.7 Cr | Mar2024 - Consolidated Results |
Price/Book | 2.02x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of SAVITA OIL TECHNOLOGIES
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹3,275.0 Cr] as on Nov 21,2024
(/) Book Value [ ₹1,621.7 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 2.02x ]
Thus, for SAVITA OIL TECHNOLOGIES , the investors are currently willing to pay '2.02 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 SAVITA OIL TECHNOLOGIES !
The chart below summarizes the trend in P/B Ratio of SAVITA OIL TECHNOLOGIES over the last five years.
Historical PB (Price/Book ) ratio chart of SAVITA OIL TECHNOLOGIES
PB Ratio Performance Analysis for SAVITA OIL TECHNOLOGIES
- SAVITA OIL TECHNOLOGIES 's p/b ratio for fiscal years ending Mar2024 to Mar2009 averaged 1.24x.
- SAVITA OIL TECHNOLOGIES 's operated at median p/b ratio of 1.15x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, SAVITA OIL TECHNOLOGIES 's p/b ratio peaked in Mar2024 at 1.96x.
- SAVITA OIL TECHNOLOGIES 's p/b ratio hit its five-year low in Mar2009 of 0.69x.
How does SAVITA OIL TECHNOLOGIES 's P/B Ratio benchmark against top 10 peers in Lubricants Industry?
Peer Comparison (Lubricants Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
SAVITA OIL TECHNOLOGIES | 1,621.72 | 2.02 | 3,275.0 |
CASTROL INDIA LTD | 2,042.74 | 9.02 | 18,417.5 |
GULF OIL LUBRICANTS INDIA LTD | 1,284.69 | 3.97 | 5,103.3 |
TIDE WATER OIL COMPANY (INDIA) LTD | 827.49 | 3.60 | 2,975.4 |
PANAMA PETROCHEM LTD | 1,102.71 | 1.71 | 1,880.8 |
GP PETROLEUMS LTD | 303.31 | 1.03 | 313.0 |
Lubricants Industry Benchmark (Top 10) PB Analysis vs SAVITA OIL TECHNOLOGIES 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.03x |
Max industry PB | 9.02x |
Median industry PB | 3.60x |
Average industry PB | 3.56x |
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