ULTRATECH CEMENT
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The Current P/B Ratio of ULTRATECH CEMENT is 5.35.
| Share Price | ₹11,139.2 | Nov 27,2024 |
| Market Cap | ₹321,588.7 Cr | |
| Book Value | ₹60,105.5 Cr | Mar2024 - Consolidated Results |
| Price/Book | 5.35x | Calculated as MarketCap/Book Value |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PB (Price/Book ) ratio of ULTRATECH CEMENT
Price-to-Book ratio, P/B Multiple, or P/B Ratio is an important valuation multiple that is defined as:
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹321,588.7 Cr] as on Nov 27,2024
(/) Book Value [ ₹60,105.5 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 5.35x ]
P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.
Thus, for ULTRATECH CEMENT , the investors are currently willing to pay '5.35 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 ULTRATECH CEMENT !
The chart below summarizes the trend in P/B Ratio of ULTRATECH CEMENT over the last five years.
Thus, for ULTRATECH CEMENT , the investors are currently willing to pay '5.35 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 ULTRATECH CEMENT !
The chart below summarizes the trend in P/B Ratio of ULTRATECH CEMENT over the last five years.
Historical PB (Price/Book ) ratio chart of ULTRATECH CEMENT
PB Ratio Performance Analysis for ULTRATECH CEMENT
- ULTRATECH CEMENT 's latest p/b ratio is 5.35x.
- ULTRATECH CEMENT 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 3.87x.
- ULTRATECH CEMENT 's operated at median p/b ratio of 4.06x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ULTRATECH CEMENT 's p/b ratio peaked in Mar2024 at 4.68x.
- ULTRATECH CEMENT 's p/b ratio hit its five-year low in Mar2020 of 2.41x.
- ULTRATECH CEMENT 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 3.87x.
- ULTRATECH CEMENT 's operated at median p/b ratio of 4.06x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ULTRATECH CEMENT 's p/b ratio peaked in Mar2024 at 4.68x.
- ULTRATECH CEMENT 's p/b ratio hit its five-year low in Mar2020 of 2.41x.
How does ULTRATECH CEMENT '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 |
|---|---|---|---|
| ULTRATECH CEMENT | 60,105.50 | 5.35 | 321,588.7 |
| AMBUJA CEMENTS LTD | 38,675.40 | 3.28 | 126,888.0 |
| SHREE CEMENT LTD | 20,702.90 | 4.43 | 91,678.1 |
| ACC LTD | 16,329.70 | 2.54 | 41,426.8 |
| DALMIA BHARAT LTD | 16,396.00 | 2.10 | 34,404.9 |
| JK CEMENT LTD | 5,367.14 | 6.05 | 32,471.2 |
| THE RAMCO CEMENTS LTD | 7,237.90 | 3.19 | 23,094.0 |
| NUVOCO VISTAS CORPORATION LTD | 8,983.52 | 1.37 | 12,289.7 |
| JK LAKSHMI CEMENT LTD | 3,186.65 | 2.89 | 9,198.9 |
| STAR CEMENT LTD | 2,710.12 | 2.64 | 7,145.9 |
| PRISM JOHNSON LTD | 1,388.96 | 6.82 | 9,473.2 |
Cement & Construction Materials Industry Benchmark (Top 10) PB Analysis vs ULTRATECH CEMENT 's P/B Ratio
| Top 10 Industry Peers | PB Ratio |
|---|---|
| Min industry PB | 1.37x |
| Max industry PB | 6.82x |
| Median industry PB | 3.19x |
| Average industry PB | 3.70x |
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