SPANDANA SPHOORTY FINANCIAL
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The Current P/B Ratio of SPANDANA SPHOORTY FINANCIAL is 0.63.
Share Price | ₹318.9 | Dec 23,2024 |
Market Cap | ₹2,273.8 Cr | |
Book Value | ₹3,582.5 Cr | Mar2024 - Consolidated Results |
Price/Book | 0.63x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of SPANDANA SPHOORTY FINANCIAL
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹2,273.8 Cr] as on Dec 23,2024
(/) Book Value [ ₹3,582.5 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 0.63x ]
Thus, for SPANDANA SPHOORTY FINANCIAL , the investors are currently willing to pay '0.63 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 SPANDANA SPHOORTY FINANCIAL !
The chart below summarizes the trend in P/B Ratio of SPANDANA SPHOORTY FINANCIAL over the last five years.
Historical PB (Price/Book ) ratio chart of SPANDANA SPHOORTY FINANCIAL
PB Ratio Performance Analysis for SPANDANA SPHOORTY FINANCIAL
- SPANDANA SPHOORTY FINANCIAL 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.31x.
- SPANDANA SPHOORTY FINANCIAL 's operated at median p/b ratio of 1.42x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, SPANDANA SPHOORTY FINANCIAL 's p/b ratio peaked in Mar2024 at 1.68x.
- SPANDANA SPHOORTY FINANCIAL 's p/b ratio hit its five-year low in Mar2022 of 0.77x.
How does SPANDANA SPHOORTY FINANCIAL 's P/B Ratio benchmark against top 10 peers in Finance - NBFC Industry?
Peer Comparison (Finance - NBFC Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
SPANDANA SPHOORTY FINANCIAL | 3,582.45 | 0.63 | 2,273.8 |
BAJAJ FINANCE LTD | 75,686.60 | 5.62 | 425,687.0 |
BAJAJ HOLDINGS & INVESTMENT LTD | 54,247.50 | 2.28 | 123,732.0 |
CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LTD | 19,452.90 | 5.06 | 98,468.1 |
SHRIRAM FINANCE LTD | 48,874.60 | 2.22 | 108,412.0 |
SBI CARDS AND PAYMENT SERVICES LTD | 12,071.20 | 5.45 | 65,771.8 |
MUTHOOT FINANCE LTD | 25,106.10 | 3.30 | 82,966.5 |
ADITYA BIRLA CAPITAL LTD | 26,510.00 | 1.83 | 48,571.0 |
SUNDARAM FINANCE LTD | 11,071.40 | 4.53 | 50,153.4 |
L&T FINANCE HOLDINGS LTD | 23,328.80 | 1.46 | 34,096.7 |
POONAWALLA FINCORP LTD | 8,103.55 | 3.06 | 24,765.4 |
Finance - NBFC Industry Benchmark (Top 10) PB Analysis vs SPANDANA SPHOORTY FINANCIAL 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 0.63x |
Max industry PB | 5.62x |
Median industry PB | 3.06x |
Average industry PB | 3.22x |
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