Home > PB Ratio > SHIPPING CORPORATION OF INDIA LAND AND ASSETS

SHIPPING CORPORATION OF INDIA LAND AND ASSETS
PB (Price/Book ) Ratio

The Current P/B Ratio of SHIPPING CORPORATION OF INDIA LAND AND ASSETS is 0.73.

Share Price ₹50.2Feb 21,2025
Market Cap ₹2,337.9 Cr
Book Value₹3,221.6 CrMar2024 - Standalone Results
Price/Book 0.73xCalculated as MarketCap/Book Value
Explore Stock Analytics
COMMUNITY POLL
for SHIPPING CORPORATION OF INDIA LAND AND ASSETS
Please provide your vote to see the results

Definition & Calculation of PB (Price/Book ) ratio of SHIPPING CORPORATION OF INDIA LAND AND ASSETS

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

Applying the above formula, P/B ratio of SHIPPING CORPORATION OF INDIA LAND AND ASSETS is calculated as :

Current Market Cap [ ₹2,337.9 Cr] as on Feb 21,2025

(/) Book Value [ ₹3,221.6 Cr] based on Mar2024 - Standalone Results

(=) P/B Ratio [ 0.73x ]

P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.

Thus, for SHIPPING CORPORATION OF INDIA LAND AND ASSETS , the investors are currently willing to pay '0.73 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 SHIPPING CORPORATION OF INDIA LAND AND ASSETS !

The chart below summarizes the trend in P/B Ratio of SHIPPING CORPORATION OF INDIA LAND AND ASSETS over the last five years.

Historical PB (Price/Book ) ratio chart of SHIPPING CORPORATION OF INDIA LAND AND ASSETS


PB Ratio Performance Analysis for SHIPPING CORPORATION OF INDIA LAND AND ASSETS

- SHIPPING CORPORATION OF INDIA LAND AND ASSETS 's latest p/b ratio is 0.73x.

- SHIPPING CORPORATION OF INDIA LAND AND ASSETS 's p/b ratio for fiscal years ending Mar2024 to Mar2022 averaged 0.19x.

- SHIPPING CORPORATION OF INDIA LAND AND ASSETS 's operated at median p/b ratio of 0x from fiscal years ending March 2018 to 2022.

- Looking back at the last 3 fiscal years, SHIPPING CORPORATION OF INDIA LAND AND ASSETS 's p/b ratio peaked in Mar2024 at 0.58x.

- SHIPPING CORPORATION OF INDIA LAND AND ASSETS 's p/b ratio hit its five-year low in Mar2023 of 0x.


How does SHIPPING CORPORATION OF INDIA LAND AND ASSETS 's P/B Ratio benchmark against top 10 peers in Shipping Industry?

Peer Comparison (Shipping Industry)Book ValuePB RatioMarket Cap
SHIPPING CORPORATION OF INDIA LAND AND ASSETS 3,221.630.732,337.9
THE GREAT EASTERN SHIPPING COMPANY LTD12,397.501.0412,903.3
SHIPPING CORPORATION OF INDIA LTD7,539.501.007,525.0
SEAMEC LTD911.422.562,334.5
DREDGING CORPORATION OF INDIA LTD1,263.601.301,640.5
TRANSWORLD SHIPPING LINES LTD766.530.74568.4
ESSAR SHIPPING LTD-2,807.92-0.19541.2
GLOBAL OFFSHORE SERVICES LTD82.392.87236.8

Shipping Industry Benchmark (Top 10) PB Analysis vs SHIPPING CORPORATION OF INDIA LAND AND ASSETS 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB -0.19x
Max industry PB 2.87x
Median industry PB 1.04x
Average industry PB 1.26x



You may also like the below Video Courses