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TARMAT
PB (Price/Book ) Ratio

The Current P/B Ratio of TARMAT is 1.44.

Share Price ₹78.6Jan 02,2025
Market Cap ₹187.0 Cr
Book Value₹129.6 CrMar2024 - Consolidated Results
Price/Book 1.44xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of TARMAT

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 TARMAT is calculated as :

Current Market Cap [ ₹187.0 Cr] as on Jan 02,2025

(/) Book Value [ ₹129.6 Cr] based on Mar2024 - Consolidated Results

(=) P/B Ratio [ 1.44x ]

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

Thus, for TARMAT , the investors are currently willing to pay '1.44 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 TARMAT !

The chart below summarizes the trend in P/B Ratio of TARMAT over the last five years.

Historical PB (Price/Book ) ratio chart of TARMAT


PB Ratio Performance Analysis for TARMAT

- TARMAT 's latest p/b ratio is 1.44x.

- TARMAT 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.09x.

- TARMAT 's operated at median p/b ratio of 1.13x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, TARMAT 's p/b ratio peaked in Mar2024 at 1.49x.

- TARMAT 's p/b ratio hit its five-year low in Mar2020 of 0.68x.


How does TARMAT 's P/B Ratio benchmark against top 10 peers in Engineering - Construction Industry?

Peer Comparison (Engineering - Construction Industry)Book ValuePB RatioMarket Cap
TARMAT 129.641.44187.0
LARSEN & TOUBRO LTD85,808.705.95510,703.0
RAIL VIKAS NIGAM LTD8,745.6810.2489,562.0
GMR AIRPORTS INFRASTRUCTURE LTD-2,164.16-38.3783,046.4
IRB INFRASTRUCTURE DEVELOPERS LTD13,744.502.6436,276.3
IRCON INTERNATIONAL LTD5,870.923.4920,493.8
KEC INTERNATIONAL LTD4,095.707.8832,259.4
KALPATARU PROJECTS INTERNATIONAL LTD5,137.994.2421,795.7
NCC LTD6,639.702.6317,479.2
GR INFRAPROJECTS LTD7,584.661.8714,207.8
STERLING AND WILSON RENEWABLE ENERGY LTD963.2011.3110,896.0

Engineering - Construction Industry Benchmark (Top 10) PB Analysis vs TARMAT 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB -38.37x
Max industry PB 11.31x
Median industry PB 3.49x
Average industry PB 1.21x



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