SIRCA PAINTS INDIA
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The Current P/B Ratio of SIRCA PAINTS INDIA is 5.72.
Share Price | ₹322.2 | Nov 21,2024 |
Market Cap | ₹1,765.7 Cr | |
Book Value | ₹308.7 Cr | Mar2024 - Consolidated Results |
Price/Book | 5.72x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of SIRCA PAINTS INDIA
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹1,765.7 Cr] as on Nov 21,2024
(/) Book Value [ ₹308.7 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 5.72x ]
Thus, for SIRCA PAINTS INDIA , the investors are currently willing to pay '5.72 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 SIRCA PAINTS INDIA !
The chart below summarizes the trend in P/B Ratio of SIRCA PAINTS INDIA over the last five years.
Historical PB (Price/Book ) ratio chart of SIRCA PAINTS INDIA
PB Ratio Performance Analysis for SIRCA PAINTS INDIA
- SIRCA PAINTS INDIA 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 4.88x.
- SIRCA PAINTS INDIA 's operated at median p/b ratio of 5.05x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, SIRCA PAINTS INDIA 's p/b ratio peaked in Mar2023 at 6.65x.
- SIRCA PAINTS INDIA 's p/b ratio hit its five-year low in Mar2020 of 2.75x.
How does SIRCA PAINTS INDIA 's P/B Ratio benchmark against top 10 peers in Trading Industry?
Peer Comparison (Trading Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
SIRCA PAINTS INDIA | 308.68 | 5.72 | 1,765.7 |
ADANI ENTERPRISES LTD | 36,452.10 | 6.91 | 251,906.0 |
REDINGTON LTD | 7,548.12 | 1.98 | 14,971.0 |
HONASA CONSUMER LTD | 1,070.46 | 7.20 | 7,711.3 |
MMTC LTD | 1,625.68 | 6.80 | 11,055.0 |
MSTC LTD | 889.04 | 4.88 | 4,336.3 |
LLOYDS ENTERPRISES LTD | 1,661.57 | 3.37 | 5,592.3 |
VERITAS (INDIA) LTD | 2,510.14 | 0.93 | 2,324.4 |
NOVARTIS INDIA LTD | 744.82 | 3.40 | 2,529.2 |
OPTIEMUS INFRACOM LTD | 426.48 | 12.20 | 5,203.0 |
MISHTANN FOODS LTD | 203.69 | 7.34 | 1,495.7 |
Trading Industry Benchmark (Top 10) PB Analysis vs SIRCA PAINTS INDIA 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 0.93x |
Max industry PB | 12.20x |
Median industry PB | 5.72x |
Average industry PB | 5.52x |
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