TIGER LOGISTICS (INDIA)
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The Current P/B Ratio of TIGER LOGISTICS (INDIA) is 6.80.
Share Price | ₹71.3 | Jan 06,2025 |
Market Cap | ₹754.1 Cr | |
Book Value | ₹110.8 Cr | Mar2024 - Standalone Results |
Price/Book | 6.80x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of TIGER LOGISTICS (INDIA)
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹754.1 Cr] as on Jan 06,2025
(/) Book Value [ ₹110.8 Cr] based on Mar2024 - Standalone Results
(=) P/B Ratio [ 6.80x ]
Thus, for TIGER LOGISTICS (INDIA) , the investors are currently willing to pay '6.80 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 TIGER LOGISTICS (INDIA) !
The chart below summarizes the trend in P/B Ratio of TIGER LOGISTICS (INDIA) over the last five years.
Historical PB (Price/Book ) ratio chart of TIGER LOGISTICS (INDIA)
PB Ratio Performance Analysis for TIGER LOGISTICS (INDIA)
- TIGER LOGISTICS (INDIA) 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.81x.
- TIGER LOGISTICS (INDIA) 's operated at median p/b ratio of 1.07x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, TIGER LOGISTICS (INDIA) 's p/b ratio peaked in Mar2023 at 3.93x.
- TIGER LOGISTICS (INDIA) 's p/b ratio hit its five-year low in Mar2024 of 0.44x.
How does TIGER LOGISTICS (INDIA) 's P/B Ratio benchmark against top 10 peers in Logistics Industry?
Peer Comparison (Logistics Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
TIGER LOGISTICS (INDIA) | 110.84 | 6.80 | 754.1 |
CONTAINER CORPORATION OF INDIA LTD | 11,823.20 | 3.93 | 46,516.6 |
AEGIS LOGISTICS LTD | 3,894.35 | 7.63 | 29,708.6 |
ALLCARGO LOGISTICS LTD | 2,501.44 | 1.89 | 4,728.2 |
TVS SUPPLY CHAIN SOLUTIONS LTD | 1,779.27 | 4.20 | 7,474.8 |
TRANSPORT CORPORATION OF INDIA LTD | 1,992.12 | 4.31 | 8,583.8 |
GATEWAY DISTRIPARKS LTD | 1,932.61 | 2.08 | 4,025.1 |
VRL LOGISTICS LTD | 945.79 | 4.65 | 4,402.3 |
MAHINDRA LOGISTICS LTD | 485.64 | 5.53 | 2,684.0 |
LANCER CONTAINER LINES LTD | 400.31 | 2.08 | 834.5 |
NAVKAR CORPORATION LTD | 1,974.51 | 1.13 | 2,229.2 |
Logistics Industry Benchmark (Top 10) PB Analysis vs TIGER LOGISTICS (INDIA) 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.13x |
Max industry PB | 7.63x |
Median industry PB | 4.20x |
Average industry PB | 4.02x |
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