TITAN COMPANY
|
The Current P/B Ratio of TITAN COMPANY is 31.44.
Share Price | ₹3,309.1 | Nov 22,2024 |
Market Cap | ₹293,781.9 Cr | |
Book Value | ₹9,345.0 Cr | Mar2024 - Consolidated Results |
Price/Book | 31.44x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of TITAN COMPANY
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹293,781.9 Cr] as on Nov 22,2024
(/) Book Value [ ₹9,345.0 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 31.44x ]
Thus, for TITAN COMPANY , the investors are currently willing to pay '31.44 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 TITAN COMPANY !
The chart below summarizes the trend in P/B Ratio of TITAN COMPANY over the last five years.
Historical PB (Price/Book ) ratio chart of TITAN COMPANY
PB Ratio Performance Analysis for TITAN COMPANY
- TITAN COMPANY 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 22.08x.
- TITAN COMPANY 's operated at median p/b ratio of 18.9x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, TITAN COMPANY 's p/b ratio peaked in Mar2024 at 36.24x.
- TITAN COMPANY 's p/b ratio hit its five-year low in Mar2020 of 12.47x.
How does TITAN COMPANY 's P/B Ratio benchmark against top 10 peers in Diamond & Jewellery Industry?
Peer Comparison (Diamond & Jewellery Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
TITAN COMPANY | 9,345.00 | 31.44 | 293,781.9 |
KALYAN JEWELLERS INDIA LTD | 4,178.04 | 17.45 | 72,922.5 |
RAJESH EXPORTS LTD | 15,246.90 | 0.45 | 6,920.9 |
SENCO GOLD LTD | 1,364.49 | 6.36 | 8,677.7 |
THANGAMAYIL JEWELLERY LTD | 493.18 | 11.08 | 5,462.5 |
PC JEWELLER LTD | 2,931.35 | 2.62 | 7,671.6 |
GOLDIAM INTERNATIONAL LTD | 630.46 | 5.38 | 3,390.2 |
DP ABHUSHAN LTD | 238.75 | 14.56 | 3,476.0 |
ASIAN STAR COMPANY LTD | 1,512.72 | 0.88 | 1,328.6 |
RENAISSANCE GLOBAL LTD | 1,141.05 | 1.47 | 1,676.3 |
RADHIKA JEWELTECH LTD | 264.91 | 4.48 | 1,186.5 |
Diamond & Jewellery Industry Benchmark (Top 10) PB Analysis vs TITAN COMPANY 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 0.45x |
Max industry PB | 31.44x |
Median industry PB | 5.38x |
Average industry PB | 8.74x |
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