SHRI VENKATESH REFINERIES
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The Current P/B Ratio of SHRI VENKATESH REFINERIES is 5.32.
Share Price | ₹159.1 | Sep 06,2024 |
Market Cap | ₹351.5 Cr | |
Book Value | ₹66.1 Cr | Mar2023 - Standalone Results |
Price/Book | 5.32x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of SHRI VENKATESH REFINERIES
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹351.5 Cr] as on Sep 06,2024
(/) Book Value [ ₹66.1 Cr] based on Mar2023 - Standalone Results
(=) P/B Ratio [ 5.32x ]
Thus, for SHRI VENKATESH REFINERIES , the investors are currently willing to pay '5.32 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 SHRI VENKATESH REFINERIES !
The chart below summarizes the trend in P/B Ratio of SHRI VENKATESH REFINERIES over the last five years.
Historical PB (Price/Book ) ratio chart of SHRI VENKATESH REFINERIES
PB Ratio Performance Analysis for SHRI VENKATESH REFINERIES
- SHRI VENKATESH REFINERIES 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.37x.
- SHRI VENKATESH REFINERIES 's operated at median p/b ratio of 0x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, SHRI VENKATESH REFINERIES 's p/b ratio peaked in Mar2022 at 3.47x.
- SHRI VENKATESH REFINERIES 's p/b ratio hit its five-year low in Mar2021 of 0x.
How does SHRI VENKATESH REFINERIES 's P/B Ratio benchmark against top 10 peers in Solvent Extraction Industry?
Peer Comparison (Solvent Extraction Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
SHRI VENKATESH REFINERIES | 66.13 | 5.32 | 351.5 |
GUJARAT AMBUJA EXPORTS LTD | 2,769.02 | 2.37 | 6,559.0 |
MANORAMA INDUSTRIES LTD | 335.78 | 14.72 | 4,942.9 |
Solvent Extraction Industry Benchmark (Top 10) PB Analysis vs SHRI VENKATESH REFINERIES 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 2.37x |
Max industry PB | 14.72x |
Median industry PB | 5.32x |
Average industry PB | 7.47x |
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