ACC
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The Current P/B Ratio of ACC is 2.91.
| Share Price | ₹2,531.3 | Apr 30,2024 |
| Market Cap | ₹47,537.8 Cr | |
| Book Value | ₹16,329.7 Cr | Mar2024 - Consolidated Results |
| Price/Book | 2.91x | Calculated as MarketCap/Book Value |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PB (Price/Book ) ratio of ACC
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 [ ₹47,537.8 Cr] as on Apr 30,2024
(/) Book Value [ ₹16,329.7 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 2.91x ]
P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.
Thus, for ACC , the investors are currently willing to pay '2.91 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 ACC !
The chart below summarizes the trend in P/B Ratio of ACC over the last five years.
Thus, for ACC , the investors are currently willing to pay '2.91 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 ACC !
The chart below summarizes the trend in P/B Ratio of ACC over the last five years.
Historical PB (Price/Book ) ratio chart of ACC
PB Ratio Performance Analysis for ACC
- ACC 's latest p/b ratio is 2.91x.
- ACC 's p/b ratio for fiscal years ending Mar2023 to Dec2018 averaged 2.51x.
- ACC 's operated at median p/b ratio of 2.39x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ACC 's p/b ratio peaked in Dec2021 at 2.91x.
- ACC 's p/b ratio hit its five-year low in Mar2023 of 2.21x.
- ACC 's p/b ratio for fiscal years ending Mar2023 to Dec2018 averaged 2.51x.
- ACC 's operated at median p/b ratio of 2.39x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ACC 's p/b ratio peaked in Dec2021 at 2.91x.
- ACC 's p/b ratio hit its five-year low in Mar2023 of 2.21x.
How does ACC '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 |
|---|---|---|---|
| ACC | 16,329.70 | 2.91 | 47,537.8 |
| ULTRATECH CEMENT LTD | 60,227.50 | 4.78 | 287,737.0 |
| AMBUJA CEMENTS LTD | 38,675.40 | 4.29 | 165,779.0 |
| SHREE CEMENT LTD | 18,636.40 | 4.74 | 88,341.5 |
| DALMIA BHARAT LTD | 16,397.00 | 2.10 | 34,426.2 |
| JK CEMENT LTD | 4,686.75 | 6.58 | 30,836.2 |
| THE RAMCO CEMENTS LTD | 6,861.06 | 2.73 | 18,755.7 |
| NUVOCO VISTAS CORPORATION LTD | 8,983.52 | 1.35 | 12,096.9 |
| JK LAKSHMI CEMENT LTD | 2,803.86 | 3.34 | 9,363.0 |
| STAR CEMENT LTD | 2,416.38 | 3.96 | 9,579.1 |
| PRISM JOHNSON LTD | 1,206.69 | 6.87 | 8,290.3 |
Cement & Construction Materials Industry Benchmark (Top 10) PB Analysis vs ACC 's P/B Ratio
| Top 10 Industry Peers | PB Ratio |
|---|---|
| Min industry PB | 1.35x |
| Max industry PB | 6.87x |
| Median industry PB | 3.96x |
| Average industry PB | 3.97x |
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