SHREE RAMA MULTITECH
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The Current P/B Ratio of SHREE RAMA MULTITECH is 5.56.
Share Price | ₹42.8 | Jan 17,2025 |
Market Cap | ₹571.4 Cr | |
Book Value | ₹102.7 Cr | Mar2024 - Standalone Results |
Price/Book | 5.56x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of SHREE RAMA MULTITECH
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹571.4 Cr] as on Jan 17,2025
(/) Book Value [ ₹102.7 Cr] based on Mar2024 - Standalone Results
(=) P/B Ratio [ 5.56x ]
Thus, for SHREE RAMA MULTITECH , the investors are currently willing to pay '5.56 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 SHREE RAMA MULTITECH !
The chart below summarizes the trend in P/B Ratio of SHREE RAMA MULTITECH over the last five years.
Historical PB (Price/Book ) ratio chart of SHREE RAMA MULTITECH
PB Ratio Performance Analysis for SHREE RAMA MULTITECH
- SHREE RAMA MULTITECH 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 2.29x.
- SHREE RAMA MULTITECH 's operated at median p/b ratio of 2.25x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, SHREE RAMA MULTITECH 's p/b ratio peaked in Mar2022 at 3.39x.
- SHREE RAMA MULTITECH 's p/b ratio hit its five-year low in Mar2020 of 0.93x.
How does SHREE RAMA MULTITECH 's P/B Ratio benchmark against top 10 peers in Plastic Products Industry?
Peer Comparison (Plastic Products Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
SHREE RAMA MULTITECH | 102.72 | 5.56 | 571.4 |
ASTRAL LTD | 3,186.50 | 12.67 | 40,371.8 |
SUPREME INDUSTRIES LTD | 5,108.83 | 10.45 | 53,378.6 |
FINOLEX INDUSTRIES LTD | 5,634.27 | 2.29 | 12,909.0 |
RESPONSIVE INDUSTRIES LTD | 1,137.06 | 5.87 | 6,670.6 |
PRINCE PIPES AND FITTINGS LTD | 1,544.41 | 2.85 | 4,402.5 |
EPL LTD | 2,054.60 | 3.56 | 7,310.1 |
JAI CORP LTD | 1,486.14 | 1.75 | 2,602.7 |
TIME TECHNOPLAST LTD | 2,552.22 | 3.86 | 9,840.8 |
GARWARE HITECH FILMS LTD | 2,044.80 | 4.73 | 9,676.8 |
JAIN IRRIGATION SYSTEMS LTD | 5,391.74 | 0.95 | 5,123.3 |
Plastic Products Industry Benchmark (Top 10) PB Analysis vs SHREE RAMA MULTITECH 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 0.95x |
Max industry PB | 12.67x |
Median industry PB | 3.86x |
Average industry PB | 4.96x |
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