VEDANTA
|
The Current P/B Ratio of VEDANTA is 5.24.
Share Price | ₹433.2 | May 16,2024 |
Market Cap | ₹161,029.1 Cr | |
Book Value | ₹30,722.0 Cr | Mar2024 - Consolidated Results |
Price/Book | 5.24x | Calculated as MarketCap/Book Value |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of VEDANTA
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹161,029.1 Cr] as on May 16,2024
(/) Book Value [ ₹30,722.0 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 5.24x ]
Thus, for VEDANTA , the investors are currently willing to pay '5.24 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 VEDANTA !
The chart below summarizes the trend in P/B Ratio of VEDANTA over the last five years.
Historical PB (Price/Book ) ratio chart of VEDANTA
PB Ratio Performance Analysis for VEDANTA
- VEDANTA 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.56x.
- VEDANTA 's operated at median p/b ratio of 1.37x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, VEDANTA 's p/b ratio peaked in Mar2023 at 2.6x.
- VEDANTA 's p/b ratio hit its five-year low in Mar2020 of 0.44x.
How does VEDANTA 's P/B Ratio benchmark against top 10 peers in Metal - Non Ferrous Industry?
Peer Comparison (Metal - Non Ferrous Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
VEDANTA | 30,722.00 | 5.24 | 161,029.1 |
HINDUSTAN ZINC LTD | 15,195.00 | 16.22 | 246,442.0 |
HINDALCO INDUSTRIES LTD | 95,004.00 | 1.54 | 146,754.0 |
HINDUSTAN COPPER LTD | 2,082.17 | 17.54 | 36,529.3 |
GRAVITA INDIA LTD | 837.40 | 7.74 | 6,483.7 |
SHIVALIK BIMETAL CONTROLS LTD | 265.50 | 11.57 | 3,072.3 |
BHARAT WIRE ROPES LTD | 660.63 | 2.76 | 1,825.2 |
RAM RATNA WIRES LTD | 410.40 | 4.11 | 1,686.1 |
NILE LTD | 199.62 | 2.00 | 398.9 |
RAJNANDINI METAL LTD | 41.43 | 7.67 | 318.0 |
SHERA ENERGY LTD | 106.92 | 3.99 | 426.1 |
Metal - Non Ferrous Industry Benchmark (Top 10) PB Analysis vs VEDANTA 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.54x |
Max industry PB | 17.54x |
Median industry PB | 5.24x |
Average industry PB | 7.31x |
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