VARIMAN GLOBAL ENTERPRISES
|
The Current P/B Ratio of VARIMAN GLOBAL ENTERPRISES is 7.41.
Share Price | ₹12.4 | Feb 06,2025 |
Market Cap | ₹241.5 Cr | |
Book Value | ₹32.6 Cr | Mar2024 - Consolidated Results |
Price/Book | 7.41x | Calculated as MarketCap/Book Value |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of VARIMAN GLOBAL ENTERPRISES
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹241.5 Cr] as on Feb 06,2025
(/) Book Value [ ₹32.6 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 7.41x ]
Thus, for VARIMAN GLOBAL ENTERPRISES , the investors are currently willing to pay '7.41 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 VARIMAN GLOBAL ENTERPRISES !
The chart below summarizes the trend in P/B Ratio of VARIMAN GLOBAL ENTERPRISES over the last five years.
Historical PB (Price/Book ) ratio chart of VARIMAN GLOBAL ENTERPRISES
PB Ratio Performance Analysis for VARIMAN GLOBAL ENTERPRISES
- VARIMAN GLOBAL ENTERPRISES 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 9.49x.
- VARIMAN GLOBAL ENTERPRISES 's operated at median p/b ratio of 8.9x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, VARIMAN GLOBAL ENTERPRISES 's p/b ratio peaked in Mar2022 at 17.28x.
- VARIMAN GLOBAL ENTERPRISES 's p/b ratio hit its five-year low in Mar2020 of 2x.
How does VARIMAN GLOBAL ENTERPRISES 's P/B Ratio benchmark against top 10 peers in Construction - Real Estate Industry?
Peer Comparison (Construction - Real Estate Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
VARIMAN GLOBAL ENTERPRISES | 32.58 | 7.41 | 241.5 |
DLF LTD | 39,430.80 | 4.80 | 189,163.0 |
MACROTECH DEVELOPERS LTD | 17,324.50 | 6.90 | 119,515.0 |
GODREJ PROPERTIES LTD | 9,984.51 | 6.79 | 67,770.8 |
OBEROI REALTY LTD | 13,844.40 | 4.72 | 65,339.3 |
THE PHOENIX MILLS LTD | 9,429.19 | 6.12 | 57,707.9 |
PRESTIGE ESTATES PROJECTS LTD | 11,288.80 | 5.20 | 58,687.0 |
BRIGADE ENTERPRISES LTD | 3,636.31 | 7.76 | 28,224.0 |
NBCC (INDIA) LTD | 2,225.62 | 11.45 | 25,485.3 |
SIGNATUREGLOBAL (INDIA) LTD | 626.65 | 28.18 | 17,659.4 |
SOBHA LTD | 2,514.07 | 5.57 | 14,015.8 |
Construction - Real Estate Industry Benchmark (Top 10) PB Analysis vs VARIMAN GLOBAL ENTERPRISES 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 4.72x |
Max industry PB | 28.18x |
Median industry PB | 6.79x |
Average industry PB | 8.63x |
You may also like the below Video Courses