SEJAL GLASS
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The Current P/B Ratio of SEJAL GLASS is 18.87.
| Share Price | ₹543.9 | Nov 21,2024 |
| Market Cap | ₹549.3 Cr | |
| Book Value | ₹29.1 Cr | Mar2024 - Consolidated Results |
| Price/Book | 18.87x | Calculated as MarketCap/Book Value |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PB (Price/Book ) ratio of SEJAL GLASS
Price-to-Book ratio, P/B Multiple, or P/B Ratio is an important valuation multiple that is defined as:
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹549.3 Cr] as on Nov 21,2024
(/) Book Value [ ₹29.1 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 18.87x ]
P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.
Thus, for SEJAL GLASS , the investors are currently willing to pay '18.87 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 SEJAL GLASS !
The chart below summarizes the trend in P/B Ratio of SEJAL GLASS over the last five years.
Thus, for SEJAL GLASS , the investors are currently willing to pay '18.87 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 SEJAL GLASS !
The chart below summarizes the trend in P/B Ratio of SEJAL GLASS over the last five years.
Historical PB (Price/Book ) ratio chart of SEJAL GLASS
PB Ratio Performance Analysis for SEJAL GLASS
- SEJAL GLASS 's latest p/b ratio is 18.87x.
- SEJAL GLASS 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged -114.89x.
- SEJAL GLASS 's operated at median p/b ratio of -0.07x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, SEJAL GLASS 's p/b ratio peaked in Mar2024 at 26.43x.
- SEJAL GLASS 's p/b ratio hit its five-year low in Mar2023 of -567.95x.
- SEJAL GLASS 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged -114.89x.
- SEJAL GLASS 's operated at median p/b ratio of -0.07x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, SEJAL GLASS 's p/b ratio peaked in Mar2024 at 26.43x.
- SEJAL GLASS 's p/b ratio hit its five-year low in Mar2023 of -567.95x.
How does SEJAL GLASS 's P/B Ratio benchmark against top 10 peers in Glass Industry?
| Peer Comparison (Glass Industry) | Book Value | PB Ratio | Market Cap |
|---|---|---|---|
| SEJAL GLASS | 29.11 | 18.87 | 549.3 |
| ASAHI INDIA GLASS LTD | 2,353.45 | 6.75 | 15,892.0 |
| BOROSIL RENEWABLES LTD | 871.52 | 6.40 | 5,581.1 |
| LA OPALA RG LTD | 851.53 | 4.14 | 3,522.0 |
| HALDYN GLASS LTD | 199.26 | 4.29 | 854.4 |
| EMPIRE INDUSTRIES LTD | 300.22 | 1.99 | 597.0 |
| HINDUSTHAN NATIONAL GLASS & INDUSTRIES LTD | -832.29 | -0.25 | 208.2 |
Glass Industry Benchmark (Top 10) PB Analysis vs SEJAL GLASS 's P/B Ratio
| Top 10 Industry Peers | PB Ratio |
|---|---|
| Min industry PB | -0.25x |
| Max industry PB | 18.87x |
| Median industry PB | 4.29x |
| Average industry PB | 6.03x |
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