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ACME RESOURCES
PB (Price/Book ) Ratio

The Current P/B Ratio of ACME RESOURCES is 1.23.

Share Price ₹33.1May 31,2024
Market Cap ₹84.9 Cr
Book Value₹69.1 CrMar2023 - Standalone Results
Price/Book 1.23xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of ACME RESOURCES

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

Applying the above formula, P/B ratio of ACME RESOURCES is calculated as :

Current Market Cap [ ₹84.9 Cr] as on May 31,2024

(/) Book Value [ ₹69.1 Cr] based on Mar2023 - Standalone Results

(=) P/B Ratio [ 1.23x ]

P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.

Thus, for ACME RESOURCES , the investors are currently willing to pay '1.23 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 ACME RESOURCES !

The chart below summarizes the trend in P/B Ratio of ACME RESOURCES over the last five years.

Historical PB (Price/Book ) ratio chart of ACME RESOURCES


PB Ratio Performance Analysis for ACME RESOURCES

- ACME RESOURCES 's latest p/b ratio is 1.23x.

- ACME RESOURCES 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.54x.

- ACME RESOURCES 's operated at median p/b ratio of 0.52x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ACME RESOURCES 's p/b ratio peaked in Mar2021 at 0.89x.

- ACME RESOURCES 's p/b ratio hit its five-year low in Mar2020 of 0.19x.


How does ACME RESOURCES 's P/B Ratio benchmark against top 10 peers in Finance - NBFC Industry?

Peer Comparison (Finance - NBFC Industry)Book ValuePB RatioMarket Cap
ACME RESOURCES 69.051.2384.9
BAJAJ FINANCE LTD76,695.405.42415,535.0
BAJAJ HOLDINGS & INVESTMENT LTD54,247.501.6388,408.8
CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LTD14,262.707.30104,162.0
SHRIRAM FINANCE LTD48,947.201.8188,433.8
SBI CARDS AND PAYMENT SERVICES LTD12,071.205.4565,811.5
MUTHOOT FINANCE LTD21,663.703.1267,545.9
ADITYA BIRLA CAPITAL LTD26,817.302.1758,219.4
SUNDARAM FINANCE LTD9,906.754.8748,220.7
L&T FINANCE HOLDINGS LTD23,328.801.6338,119.4
POONAWALLA FINCORP LTD6,742.685.1734,833.3

Finance - NBFC Industry Benchmark (Top 10) PB Analysis vs ACME RESOURCES 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 1.23x
Max industry PB 7.30x
Median industry PB 3.12x
Average industry PB 3.62x



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