SELAN EXPLORATION TECHNOLOGY
|
The Current P/B Ratio of SELAN EXPLORATION TECHNOLOGY is 3.25.
Share Price | ₹839.4 | Nov 21,2024 |
Market Cap | ₹1,275.8 Cr | |
Book Value | ₹392.4 Cr | Mar2024 - Standalone Results |
Price/Book | 3.25x | Calculated as MarketCap/Book Value |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of SELAN EXPLORATION TECHNOLOGY
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹1,275.8 Cr] as on Nov 21,2024
(/) Book Value [ ₹392.4 Cr] based on Mar2024 - Standalone Results
(=) P/B Ratio [ 3.25x ]
Thus, for SELAN EXPLORATION TECHNOLOGY , the investors are currently willing to pay '3.25 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 SELAN EXPLORATION TECHNOLOGY !
The chart below summarizes the trend in P/B Ratio of SELAN EXPLORATION TECHNOLOGY over the last five years.
Historical PB (Price/Book ) ratio chart of SELAN EXPLORATION TECHNOLOGY
PB Ratio Performance Analysis for SELAN EXPLORATION TECHNOLOGY
- SELAN EXPLORATION TECHNOLOGY 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.92x.
- SELAN EXPLORATION TECHNOLOGY 's operated at median p/b ratio of 0.88x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, SELAN EXPLORATION TECHNOLOGY 's p/b ratio peaked in Mar2024 at 1.74x.
- SELAN EXPLORATION TECHNOLOGY 's p/b ratio hit its five-year low in Mar2020 of 0.31x.
How does SELAN EXPLORATION TECHNOLOGY 's P/B Ratio benchmark against top 10 peers in Oil Exploration Industry?
Peer Comparison (Oil Exploration Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
SELAN EXPLORATION TECHNOLOGY | 392.44 | 3.25 | 1,275.8 |
OIL & NATURAL GAS CORPORATION LTD | 337,070.00 | 0.90 | 304,694.0 |
OIL INDIA LTD | 48,339.00 | 1.64 | 79,077.5 |
HINDUSTAN OIL EXPLORATION COMPANY LTD | 1,174.42 | 2.09 | 2,453.1 |
JINDAL DRILLING & INDUSTRIES LTD | 1,362.21 | 1.56 | 2,122.4 |
ASIAN ENERGY SERVICES LTD | 265.35 | 5.51 | 1,462.1 |
DEEP ENERGY RESOURCES LTD | 399.52 | 2.48 | 992.2 |
ABAN OFFSHORE LTD | -23,871.90 | -0.01 | 356.3 |
GUJARAT NATURAL RESOURCES LTD | 105.52 | 1.97 | 207.5 |
AAKASH EXPLORATION SERVICES LTD | 58.53 | 1.81 | 106.1 |
Oil Exploration Industry Benchmark (Top 10) PB Analysis vs SELAN EXPLORATION TECHNOLOGY 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | -0.01x |
Max industry PB | 5.51x |
Median industry PB | 1.97x |
Average industry PB | 2.12x |
You may also like the below Video Courses