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TASTY BITE EATABLES
PB (Price/Book ) Ratio

The Current P/B Ratio of TASTY BITE EATABLES is 7.67.

Share Price ₹8,453.6Apr 03,2025
Market Cap ₹2,197.9 Cr
Book Value₹286.6 CrMar2024 - Standalone Results
Price/Book 7.67xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of TASTY BITE EATABLES

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 TASTY BITE EATABLES is calculated as :

Current Market Cap [ ₹2,197.9 Cr] as on Apr 03,2025

(/) Book Value [ ₹286.6 Cr] based on Mar2024 - Standalone Results

(=) P/B Ratio [ 7.67x ]

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

Thus, for TASTY BITE EATABLES , the investors are currently willing to pay '7.67 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 TASTY BITE EATABLES !

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

Historical PB (Price/Book ) ratio chart of TASTY BITE EATABLES


PB Ratio Performance Analysis for TASTY BITE EATABLES

- TASTY BITE EATABLES 's latest p/b ratio is 7.67x.

- TASTY BITE EATABLES 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 12.95x.

- TASTY BITE EATABLES 's operated at median p/b ratio of 12.94x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, TASTY BITE EATABLES 's p/b ratio peaked in Mar2021 at 18.02x.

- TASTY BITE EATABLES 's p/b ratio hit its five-year low in Mar2023 of 8.46x.


How does TASTY BITE EATABLES 's P/B Ratio benchmark against top 10 peers in Consumer Food Industry?

Peer Comparison (Consumer Food Industry)Book ValuePB RatioMarket Cap
TASTY BITE EATABLES 286.577.672,197.9
NESTLE INDIA LTD3,340.8964.85216,661.0
VARUN BEVERAGES LTD16,540.2011.13184,126.0
BRITANNIA INDUSTRIES LTD3,941.5231.02122,255.0
MARICO LTD3,763.0022.7585,593.5
JUBILANT FOODWORKS LTD2,127.4121.4845,694.3
HATSUN AGRO PRODUCT LTD1,572.2512.9120,295.7
DEVYANI INTERNATIONAL LTD1,031.2117.7918,341.3
BIKAJI FOODS INTERNATIONAL LTD1,214.5114.0617,077.9
LT FOODS LTD3,371.623.7912,768.5
ZYDUS WELLNESS LTD5,357.502.0210,800.3

Consumer Food Industry Benchmark (Top 10) PB Analysis vs TASTY BITE EATABLES 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 2.02x
Max industry PB 64.85x
Median industry PB 14.06x
Average industry PB 19.04x



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