ACCEL
|
The Current P/B Ratio of ACCEL is 2.24.
Share Price | ₹24.4 | May 13,2024 |
Market Cap | ₹140.5 Cr | |
Book Value | ₹62.7 Cr | Mar2023 - Consolidated Results |
Price/Book | 2.24x | Calculated as MarketCap/Book Value |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of ACCEL
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹140.5 Cr] as on May 13,2024
(/) Book Value [ ₹62.7 Cr] based on Mar2023 - Consolidated Results
(=) P/B Ratio [ 2.24x ]
Thus, for ACCEL , the investors are currently willing to pay '2.24 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 ACCEL !
The chart below summarizes the trend in P/B Ratio of ACCEL over the last five years.
Historical PB (Price/Book ) ratio chart of ACCEL
PB Ratio Performance Analysis for ACCEL
- ACCEL 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.58x.
- ACCEL 's operated at median p/b ratio of 1.6x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ACCEL 's p/b ratio peaked in Mar2022 at 2.5x.
- ACCEL 's p/b ratio hit its five-year low in Mar2020 of 0.84x.
How does ACCEL 's P/B Ratio benchmark against top 10 peers in IT - Hardware Industry?
Peer Comparison (IT - Hardware Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
ACCEL | 62.71 | 2.24 | 140.5 |
TEJAS NETWORKS LTD | 3,149.49 | 6.50 | 20,482.0 |
NETWEB TECHNOLOGIES INDIA LTD | 422.75 | 27.42 | 11,591.9 |
NELCO LTD | 123.58 | 13.14 | 1,624.1 |
CONTROL PRINT LTD | 293.98 | 4.81 | 1,413.2 |
E2E NETWORKS LTD | 48.50 | 32.52 | 1,577.1 |
SILVER TOUCH TECHNOLOGIES LTD | 95.11 | 9.88 | 940.0 |
SWISS MILITARY CONSUMER GOODS LTD | 67.83 | 7.90 | 535.9 |
EMPOWER INDIA LTD | 292.81 | 1.01 | 296.8 |
DC INFOTECH AND COMMUNICATION LTD | 29.53 | 9.53 | 281.5 |
DUCON INFRATECHNOLOGIES LTD | 122.37 | 1.46 | 178.3 |
IT - Hardware Industry Benchmark (Top 10) PB Analysis vs ACCEL 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.01x |
Max industry PB | 32.52x |
Median industry PB | 7.90x |
Average industry PB | 10.58x |
You may also like the below Video Courses