SEAMEC
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The Current P/B Ratio of SEAMEC is 3.24.
Share Price | ₹1,163.6 | Nov 19,2024 |
Market Cap | ₹2,955.5 Cr | |
Book Value | ₹911.4 Cr | Mar2024 - Consolidated Results |
Price/Book | 3.24x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of SEAMEC
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹2,955.5 Cr] as on Nov 19,2024
(/) Book Value [ ₹911.4 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 3.24x ]
Thus, for SEAMEC , the investors are currently willing to pay '3.24 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 SEAMEC !
The chart below summarizes the trend in P/B Ratio of SEAMEC over the last five years.
Historical PB (Price/Book ) ratio chart of SEAMEC
PB Ratio Performance Analysis for SEAMEC
- SEAMEC 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 2.47x.
- SEAMEC 's operated at median p/b ratio of 1.92x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, SEAMEC 's p/b ratio peaked in Mar2022 at 4.54x.
- SEAMEC 's p/b ratio hit its five-year low in Mar2020 of 1.19x.
How does SEAMEC 's P/B Ratio benchmark against top 10 peers in Shipping Industry?
Peer Comparison (Shipping Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
SEAMEC | 911.42 | 3.24 | 2,955.5 |
THE GREAT EASTERN SHIPPING COMPANY LTD | 12,397.50 | 1.22 | 15,150.5 |
SHIPPING CORPORATION OF INDIA LTD | 7,539.50 | 1.30 | 9,809.7 |
DREDGING CORPORATION OF INDIA LTD | 1,263.60 | 1.83 | 2,312.8 |
SHREYAS SHIPPING & LOGISTICS LTD | 766.53 | 1.09 | 837.1 |
ESSAR SHIPPING LTD | -2,807.31 | -0.28 | 786.3 |
GLOBAL OFFSHORE SERVICES LTD | 82.39 | 3.57 | 293.8 |
Shipping Industry Benchmark (Top 10) PB Analysis vs SEAMEC 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | -0.28x |
Max industry PB | 3.57x |
Median industry PB | 1.30x |
Average industry PB | 1.71x |
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