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THANGAMAYIL JEWELLERY
PB (Price/Book ) Ratio

The Current P/B Ratio of THANGAMAYIL JEWELLERY is 11.51.

Share Price ₹2,072.0Dec 03,2024
Market Cap ₹5,677.3 Cr
Book Value₹493.2 CrMar2024 - Standalone Results
Price/Book 11.51xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of THANGAMAYIL JEWELLERY

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 THANGAMAYIL JEWELLERY is calculated as :

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 ]

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

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 latest p/b ratio is 11.51x.

- 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 ValuePB RatioMarket Cap
THANGAMAYIL JEWELLERY 493.1811.515,677.3
TITAN COMPANY LTD9,345.0031.68296,028.0
KALYAN JEWELLERS INDIA LTD4,178.0417.9474,949.2
RAJESH EXPORTS LTD15,246.900.466,956.3
SENCO GOLD LTD1,364.496.528,890.3
PC JEWELLER LTD2,931.353.089,022.2
GOLDIAM INTERNATIONAL LTD630.465.863,692.4
DP ABHUSHAN LTD238.7514.673,502.5
ASIAN STAR COMPANY LTD1,512.720.881,328.0
RENAISSANCE GLOBAL LTD1,141.051.551,767.7
RADHIKA JEWELTECH LTD264.914.971,316.9

Diamond & Jewellery Industry Benchmark (Top 10) PB Analysis vs THANGAMAYIL JEWELLERY 's P/B Ratio

Top 10 Industry PeersPB 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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