TIDE WATER OIL COMPANY (INDIA)
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The Current P/B Ratio of TIDE WATER OIL COMPANY (INDIA) is 3.59.
Share Price | ₹1,707.7 | Nov 21,2024 |
Market Cap | ₹2,971.3 Cr | |
Book Value | ₹827.5 Cr | Mar2024 - Consolidated Results |
Price/Book | 3.59x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of TIDE WATER OIL COMPANY (INDIA)
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹2,971.3 Cr] as on Nov 21,2024
(/) Book Value [ ₹827.5 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 3.59x ]
Thus, for TIDE WATER OIL COMPANY (INDIA) , the investors are currently willing to pay '3.59 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 TIDE WATER OIL COMPANY (INDIA) !
The chart below summarizes the trend in P/B Ratio of TIDE WATER OIL COMPANY (INDIA) over the last five years.
Historical PB (Price/Book ) ratio chart of TIDE WATER OIL COMPANY (INDIA)
PB Ratio Performance Analysis for TIDE WATER OIL COMPANY (INDIA)
- TIDE WATER OIL COMPANY (INDIA) 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 2.19x.
- TIDE WATER OIL COMPANY (INDIA) 's operated at median p/b ratio of 2x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, TIDE WATER OIL COMPANY (INDIA) 's p/b ratio peaked in Mar2024 at 2.87x.
- TIDE WATER OIL COMPANY (INDIA) 's p/b ratio hit its five-year low in Mar2020 of 1.6x.
How does TIDE WATER OIL COMPANY (INDIA) 's P/B Ratio benchmark against top 10 peers in Lubricants Industry?
Peer Comparison (Lubricants Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
TIDE WATER OIL COMPANY (INDIA) | 827.49 | 3.59 | 2,971.3 |
CASTROL INDIA LTD | 2,042.74 | 9.02 | 18,417.5 |
GULF OIL LUBRICANTS INDIA LTD | 1,284.69 | 3.97 | 5,103.3 |
SAVITA OIL TECHNOLOGIES LTD | 1,621.72 | 2.02 | 3,273.1 |
PANAMA PETROCHEM LTD | 1,102.71 | 1.71 | 1,880.8 |
GP PETROLEUMS LTD | 303.31 | 1.03 | 313.0 |
Lubricants Industry Benchmark (Top 10) PB Analysis vs TIDE WATER OIL COMPANY (INDIA) 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.03x |
Max industry PB | 9.02x |
Median industry PB | 3.59x |
Average industry PB | 3.56x |
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