SHREE RENUKA SUGARS
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The Current P/B Ratio of SHREE RENUKA SUGARS is -5.68.
Share Price | ₹38.4 | Nov 21,2024 |
Market Cap | ₹8,171.3 Cr | |
Book Value | ₹-1,437.9 Cr | Mar2024 - Consolidated Results |
Price/Book | -5.68x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of SHREE RENUKA SUGARS
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹8,171.3 Cr] as on Nov 21,2024
(/) Book Value [ ₹-1,437.9 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ -5.68x ]
Thus, for SHREE RENUKA SUGARS , the investors are currently willing to pay '-5.68 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 RENUKA SUGARS !
The chart below summarizes the trend in P/B Ratio of SHREE RENUKA SUGARS over the last five years.
Historical PB (Price/Book ) ratio chart of SHREE RENUKA SUGARS
PB Ratio Performance Analysis for SHREE RENUKA SUGARS
- SHREE RENUKA SUGARS 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged -2.83x.
- SHREE RENUKA SUGARS 's operated at median p/b ratio of -3.46x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, SHREE RENUKA SUGARS 's p/b ratio peaked in Mar2020 at -0.46x.
- SHREE RENUKA SUGARS 's p/b ratio hit its five-year low in Mar2023 of -4.76x.
How does SHREE RENUKA SUGARS 's P/B Ratio benchmark against top 10 peers in Sugar Industry?
Peer Comparison (Sugar Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
SHREE RENUKA SUGARS | -1,437.85 | -5.68 | 8,171.3 |
EID PARRY (INDIA) LTD | 7,041.16 | 2.08 | 14,646.6 |
BALRAMPUR CHINI MILLS LTD | 3,377.00 | 3.04 | 10,270.8 |
TRIVENI ENGINEERING & INDUSTRIES LTD | 2,900.90 | 2.72 | 7,894.6 |
BAJAJ HINDUSTHAN SUGAR LTD | 4,475.14 | 0.86 | 3,844.9 |
BANNARI AMMAN SUGARS LTD | 1,688.40 | 2.53 | 4,276.3 |
DALMIA BHARAT SUGAR AND INDUSTRIES LTD | 2,931.48 | 1.08 | 3,170.4 |
PICCADILY AGRO INDUSTRIES LTD | 339.71 | 20.17 | 6,851.4 |
DCM SHRIRAM INDUSTRIES LTD | 815.38 | 1.91 | 1,560.6 |
DWARIKESH SUGAR INDUSTRIES LTD | 822.08 | 1.33 | 1,092.2 |
DHAMPUR SUGAR MILLS LTD | 1,100.33 | 0.99 | 1,086.7 |
Sugar Industry Benchmark (Top 10) PB Analysis vs SHREE RENUKA SUGARS 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | -5.68x |
Max industry PB | 20.17x |
Median industry PB | 1.91x |
Average industry PB | 2.82x |
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