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SUNDRAM FASTENERS
PB (Price/Book ) Ratio

The Current P/B Ratio of SUNDRAM FASTENERS is 6.59.

Share Price ₹1,072.9Dec 27,2024
Market Cap ₹22,540.6 Cr
Book Value₹3,420.7 CrMar2024 - Consolidated Results
Price/Book 6.59xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of SUNDRAM FASTENERS

Price-to-Book ratio, P/B Multiple, or P/B Ratio is an important valuation multiple that is defined as:

P/B = Market Capitalization / Book Value

or, using per-share numbers:

P/B = Stock Price / Book Value Per Share

Applying the above formula, P/B ratio of SUNDRAM FASTENERS is calculated as :

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 ]

P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.

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 latest p/b ratio is 6.59x.

- 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 ValuePB RatioMarket Cap
SUNDRAM FASTENERS 3,420.736.5922,540.6
STERLING TOOLS LTD445.114.782,129.8

Fasteners Industry Benchmark (Top 10) PB Analysis vs SUNDRAM FASTENERS 's P/B Ratio

Top 10 Industry PeersPB 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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