SUNDRAM FASTENERS
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The Current P/B Ratio of SUNDRAM FASTENERS is 6.59.
Share Price | ₹1,072.9 | Dec 27,2024 |
Market Cap | ₹22,540.6 Cr | |
Book Value | ₹3,420.7 Cr | Mar2024 - Consolidated Results |
Price/Book | 6.59x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of SUNDRAM FASTENERS
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹22,540.6 Cr] as on Dec 27,2024
(/) Book Value [ ₹3,420.7 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 6.59x ]
Thus, for SUNDRAM FASTENERS , the investors are currently willing to pay '6.59 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 SUNDRAM FASTENERS !
The chart below summarizes the trend in P/B Ratio of SUNDRAM FASTENERS over the last five years.
Historical PB (Price/Book ) ratio chart of SUNDRAM FASTENERS
PB Ratio Performance Analysis for SUNDRAM FASTENERS
- SUNDRAM FASTENERS 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 6.19x.
- SUNDRAM FASTENERS 's operated at median p/b ratio of 6.82x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, SUNDRAM FASTENERS 's p/b ratio peaked in Mar2022 at 7.2x.
- SUNDRAM FASTENERS 's p/b ratio hit its five-year low in Mar2020 of 3.07x.
How does SUNDRAM FASTENERS 's P/B Ratio benchmark against top 10 peers in Fasteners Industry?
Peer Comparison (Fasteners Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
SUNDRAM FASTENERS | 3,420.73 | 6.59 | 22,540.6 |
STERLING TOOLS LTD | 445.11 | 4.78 | 2,129.8 |
Fasteners Industry Benchmark (Top 10) PB Analysis vs SUNDRAM FASTENERS 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 4.78x |
Max industry PB | 6.59x |
Median industry PB | 6.59x |
Average industry PB | 5.69x |
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