SHREE RAMA NEWSPRINT
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The Current P/B Ratio of SHREE RAMA NEWSPRINT is 2.73.
Share Price | ₹17.1 | Jan 14,2025 |
Market Cap | ₹251.8 Cr | |
Book Value | ₹92.2 Cr | Mar2024 - Standalone Results |
Price/Book | 2.73x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of SHREE RAMA NEWSPRINT
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹251.8 Cr] as on Jan 14,2025
(/) Book Value [ ₹92.2 Cr] based on Mar2024 - Standalone Results
(=) P/B Ratio [ 2.73x ]
Thus, for SHREE RAMA NEWSPRINT , the investors are currently willing to pay '2.73 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 SHREE RAMA NEWSPRINT !
The chart below summarizes the trend in P/B Ratio of SHREE RAMA NEWSPRINT over the last five years.
Historical PB (Price/Book ) ratio chart of SHREE RAMA NEWSPRINT
PB Ratio Performance Analysis for SHREE RAMA NEWSPRINT
- SHREE RAMA NEWSPRINT 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.13x.
- SHREE RAMA NEWSPRINT 's operated at median p/b ratio of 0.97x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, SHREE RAMA NEWSPRINT 's p/b ratio peaked in Mar2024 at 2.35x.
- SHREE RAMA NEWSPRINT 's p/b ratio hit its five-year low in Mar2020 of 0.41x.
How does SHREE RAMA NEWSPRINT 's P/B Ratio benchmark against top 10 peers in Paper & Paper Products Industry?
Peer Comparison (Paper & Paper Products Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
SHREE RAMA NEWSPRINT | 92.18 | 2.73 | 251.8 |
JK PAPER LTD | 5,069.50 | 1.32 | 6,704.1 |
WEST COAST PAPER MILLS LTD | 3,238.93 | 1.11 | 3,609.6 |
SESHASAYEE PAPER AND BOARDS LTD | 1,911.31 | 0.95 | 1,817.0 |
ANDHRA PAPER LTD | 1,893.20 | 0.94 | 1,788.1 |
TAMIL NADU NEWSPRINT & PAPERS LTD | 2,089.72 | 0.58 | 1,205.3 |
KUANTUM PAPERS LTD | 1,123.84 | 0.94 | 1,062.0 |
PAKKA LTD | 250.07 | 5.22 | 1,304.6 |
SATIA INDUSTRIES LTD | 932.29 | 0.95 | 889.7 |
ORIENT PAPER & INDUSTRIES LTD | 1,618.70 | 0.41 | 664.8 |
NR AGARWAL INDUSTRIES LTD | 760.29 | 0.77 | 586.8 |
Paper & Paper Products Industry Benchmark (Top 10) PB Analysis vs SHREE RAMA NEWSPRINT 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 0.41x |
Max industry PB | 5.22x |
Median industry PB | 0.95x |
Average industry PB | 1.45x |
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