TCPL PACKAGING
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The Current P/B Ratio of TCPL PACKAGING is 5.32.
| Share Price | ₹3,070.2 | Nov 22,2024 |
| Market Cap | ₹2,793.9 Cr | |
| Book Value | ₹525.3 Cr | Mar2024 - Consolidated Results |
| Price/Book | 5.32x | Calculated as MarketCap/Book Value |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PB (Price/Book ) ratio of TCPL PACKAGING
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
Current Market Cap [ ₹2,793.9 Cr] as on Nov 22,2024
(/) Book Value [ ₹525.3 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 5.32x ]
P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.
Thus, for TCPL PACKAGING , the investors are currently willing to pay '5.32 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 TCPL PACKAGING !
The chart below summarizes the trend in P/B Ratio of TCPL PACKAGING over the last five years.
Thus, for TCPL PACKAGING , the investors are currently willing to pay '5.32 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 TCPL PACKAGING !
The chart below summarizes the trend in P/B Ratio of TCPL PACKAGING over the last five years.
Historical PB (Price/Book ) ratio chart of TCPL PACKAGING
PB Ratio Performance Analysis for TCPL PACKAGING
- TCPL PACKAGING 's latest p/b ratio is 5.32x.
- TCPL PACKAGING 's p/b ratio for fiscal years ending Mar2024 to Mar2021 averaged 2.51x.
- TCPL PACKAGING 's operated at median p/b ratio of 2.91x from fiscal years ending March 2018 to 2022.
- Looking back at the last 4 fiscal years, TCPL PACKAGING 's p/b ratio peaked in Mar2024 at 3.86x.
- TCPL PACKAGING 's p/b ratio hit its five-year low in Mar2021 of 1.32x.
- TCPL PACKAGING 's p/b ratio for fiscal years ending Mar2024 to Mar2021 averaged 2.51x.
- TCPL PACKAGING 's operated at median p/b ratio of 2.91x from fiscal years ending March 2018 to 2022.
- Looking back at the last 4 fiscal years, TCPL PACKAGING 's p/b ratio peaked in Mar2024 at 3.86x.
- TCPL PACKAGING 's p/b ratio hit its five-year low in Mar2021 of 1.32x.
How does TCPL PACKAGING 's P/B Ratio benchmark against top 10 peers in Packaging Industry?
| Peer Comparison (Packaging Industry) | Book Value | PB Ratio | Market Cap |
|---|---|---|---|
| TCPL PACKAGING | 525.34 | 5.32 | 2,793.9 |
| AGI GREENPAC LTD | 1,814.61 | 3.23 | 5,861.3 |
| UFLEX LTD | 7,215.77 | 0.55 | 4,000.5 |
| ARROW GREENTECH LTD | 126.86 | 10.58 | 1,342.5 |
| PYRAMID TECHNOPLAST LTD | 222.20 | 3.11 | 691.6 |
| KAIRA CAN COMPANY LTD | 86.75 | 1.99 | 172.4 |
Packaging Industry Benchmark (Top 10) PB Analysis vs TCPL PACKAGING 's P/B Ratio
| Top 10 Industry Peers | PB Ratio |
|---|---|
| Min industry PB | 0.55x |
| Max industry PB | 10.58x |
| Median industry PB | 3.23x |
| Average industry PB | 4.13x |
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