THE RAMCO CEMENTS
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The Current P/B Ratio of THE RAMCO CEMENTS is 2.96.
Share Price | ₹906.2 | Jan 28,2025 |
Market Cap | ₹21,412.3 Cr | |
Book Value | ₹7,237.9 Cr | Mar2024 - Consolidated Results |
Price/Book | 2.96x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of THE RAMCO CEMENTS
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹21,412.3 Cr] as on Jan 28,2025
(/) Book Value [ ₹7,237.9 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 2.96x ]
Thus, for THE RAMCO CEMENTS , the investors are currently willing to pay '2.96 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 THE RAMCO CEMENTS !
The chart below summarizes the trend in P/B Ratio of THE RAMCO CEMENTS over the last five years.
Historical PB (Price/Book ) ratio chart of THE RAMCO CEMENTS
PB Ratio Performance Analysis for THE RAMCO CEMENTS
- THE RAMCO CEMENTS 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 2.91x.
- THE RAMCO CEMENTS 's operated at median p/b ratio of 2.65x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, THE RAMCO CEMENTS 's p/b ratio peaked in Mar2021 at 4.14x.
- THE RAMCO CEMENTS 's p/b ratio hit its five-year low in Mar2020 of 2.43x.
How does THE RAMCO CEMENTS 's P/B Ratio benchmark against top 10 peers in Cement & Construction Materials Industry?
Peer Comparison (Cement & Construction Materials Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
THE RAMCO CEMENTS | 7,237.90 | 2.96 | 21,412.3 |
ULTRATECH CEMENT LTD | 60,105.50 | 5.42 | 325,701.0 |
AMBUJA CEMENTS LTD | 38,675.40 | 3.46 | 133,674.0 |
SHREE CEMENT LTD | 20,702.90 | 4.53 | 93,807.6 |
ACC LTD | 16,329.70 | 2.30 | 37,573.4 |
DALMIA BHARAT LTD | 16,396.00 | 2.07 | 34,015.9 |
JK CEMENT LTD | 5,367.14 | 6.96 | 37,346.4 |
NUVOCO VISTAS CORPORATION LTD | 8,983.52 | 1.32 | 11,875.4 |
JK LAKSHMI CEMENT LTD | 3,186.65 | 3.02 | 9,611.9 |
STAR CEMENT LTD | 2,710.12 | 3.12 | 8,463.5 |
PRISM JOHNSON LTD | 1,388.96 | 4.85 | 6,742.5 |
Cement & Construction Materials Industry Benchmark (Top 10) PB Analysis vs THE RAMCO CEMENTS 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.32x |
Max industry PB | 6.96x |
Median industry PB | 3.12x |
Average industry PB | 3.64x |
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