TILAKNAGAR INDUSTRIES
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The Current P/B Ratio of TILAKNAGAR INDUSTRIES is 12.29.
Share Price | ₹411.3 | Nov 27,2024 |
Market Cap | ₹7,938.1 Cr | |
Book Value | ₹645.8 Cr | Mar2024 - Consolidated Results |
Price/Book | 12.29x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of TILAKNAGAR INDUSTRIES
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹7,938.1 Cr] as on Nov 27,2024
(/) Book Value [ ₹645.8 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 12.29x ]
Thus, for TILAKNAGAR INDUSTRIES , the investors are currently willing to pay '12.29 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 TILAKNAGAR INDUSTRIES !
The chart below summarizes the trend in P/B Ratio of TILAKNAGAR INDUSTRIES over the last five years.
Historical PB (Price/Book ) ratio chart of TILAKNAGAR INDUSTRIES
PB Ratio Performance Analysis for TILAKNAGAR INDUSTRIES
- TILAKNAGAR INDUSTRIES 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.03x.
- TILAKNAGAR INDUSTRIES 's operated at median p/b ratio of 4.46x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, TILAKNAGAR INDUSTRIES 's p/b ratio peaked in Mar2022 at 9.04x.
- TILAKNAGAR INDUSTRIES 's p/b ratio hit its five-year low in Mar2020 of -8.41x.
How does TILAKNAGAR INDUSTRIES 's P/B Ratio benchmark against top 10 peers in Breweries & Distilleries Industry?
Peer Comparison (Breweries & Distilleries Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
TILAKNAGAR INDUSTRIES | 645.75 | 12.29 | 7,938.1 |
UNITED SPIRITS LTD | 7,120.00 | 15.48 | 110,215.0 |
UNITED BREWERIES LTD | 4,178.34 | 12.20 | 50,965.4 |
RADICO KHAITAN LTD | 2,432.89 | 13.14 | 31,977.3 |
SULA VINEYARDS LTD | 548.81 | 6.45 | 3,541.0 |
SOM DISTILLERIES BREWERIES & WINERIES LTD | 529.88 | 3.81 | 2,018.1 |
GLOBUS SPIRITS LTD | 967.17 | 2.60 | 2,511.6 |
GM BREWERIES LTD | 822.32 | 2.24 | 1,840.4 |
ASSOCIATED ALCOHOLS & BREWERIES LTD | 412.02 | 4.18 | 1,720.7 |
JAGATJIT INDUSTRIES LTD | 73.37 | 15.42 | 1,131.4 |
Breweries & Distilleries Industry Benchmark (Top 10) PB Analysis vs TILAKNAGAR INDUSTRIES 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 2.24x |
Max industry PB | 15.48x |
Median industry PB | 12.20x |
Average industry PB | 8.78x |
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