THANGAMAYIL JEWELLERY
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The Current P/B Ratio of THANGAMAYIL JEWELLERY is 11.51.
Share Price | ₹2,072.0 | Dec 03,2024 |
Market Cap | ₹5,677.3 Cr | |
Book Value | ₹493.2 Cr | Mar2024 - Standalone Results |
Price/Book | 11.51x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of THANGAMAYIL JEWELLERY
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹5,677.3 Cr] as on Dec 03,2024
(/) Book Value [ ₹493.2 Cr] based on Mar2024 - Standalone Results
(=) P/B Ratio [ 11.51x ]
Thus, for THANGAMAYIL JEWELLERY , the investors are currently willing to pay '11.51 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 THANGAMAYIL JEWELLERY !
The chart below summarizes the trend in P/B Ratio of THANGAMAYIL JEWELLERY over the last five years.
Historical PB (Price/Book ) ratio chart of THANGAMAYIL JEWELLERY
PB Ratio Performance Analysis for THANGAMAYIL JEWELLERY
- THANGAMAYIL JEWELLERY 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 3.90x.
- THANGAMAYIL JEWELLERY 's operated at median p/b ratio of 3.54x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, THANGAMAYIL JEWELLERY 's p/b ratio peaked in Mar2024 at 7.17x.
- THANGAMAYIL JEWELLERY 's p/b ratio hit its five-year low in Mar2020 of 1.5x.
How does THANGAMAYIL JEWELLERY 's P/B Ratio benchmark against top 10 peers in Diamond & Jewellery Industry?
Peer Comparison (Diamond & Jewellery Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
THANGAMAYIL JEWELLERY | 493.18 | 11.51 | 5,677.3 |
TITAN COMPANY LTD | 9,345.00 | 31.68 | 296,028.0 |
KALYAN JEWELLERS INDIA LTD | 4,178.04 | 17.94 | 74,949.2 |
RAJESH EXPORTS LTD | 15,246.90 | 0.46 | 6,956.3 |
SENCO GOLD LTD | 1,364.49 | 6.52 | 8,890.3 |
PC JEWELLER LTD | 2,931.35 | 3.08 | 9,022.2 |
GOLDIAM INTERNATIONAL LTD | 630.46 | 5.86 | 3,692.4 |
DP ABHUSHAN LTD | 238.75 | 14.67 | 3,502.5 |
ASIAN STAR COMPANY LTD | 1,512.72 | 0.88 | 1,328.0 |
RENAISSANCE GLOBAL LTD | 1,141.05 | 1.55 | 1,767.7 |
RADHIKA JEWELTECH LTD | 264.91 | 4.97 | 1,316.9 |
Diamond & Jewellery Industry Benchmark (Top 10) PB Analysis vs THANGAMAYIL JEWELLERY 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 0.46x |
Max industry PB | 31.68x |
Median industry PB | 5.86x |
Average industry PB | 9.01x |
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