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ADANI ENTERPRISES
PB (Price/Book ) Ratio

The Current P/B Ratio of ADANI ENTERPRISES is 10.62.

Share Price ₹3,079.9Apr 26,2024
Market Cap ₹351,108.6 Cr
Book Value₹33,051.0 CrMar2023 - Consolidated Results
Price/Book 10.62xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of ADANI ENTERPRISES

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 ADANI ENTERPRISES is calculated as :

Current Market Cap [ ₹351,108.6 Cr] as on Apr 26,2024

(/) Book Value [ ₹33,051.0 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 10.62x ]

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

Thus, for ADANI ENTERPRISES , the investors are currently willing to pay '10.62 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 ADANI ENTERPRISES !

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

Historical PB (Price/Book ) ratio chart of ADANI ENTERPRISES


PB Ratio Performance Analysis for ADANI ENTERPRISES

- ADANI ENTERPRISES 's latest p/b ratio is 10.62x.

- ADANI ENTERPRISES 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 4.98x.

- ADANI ENTERPRISES 's operated at median p/b ratio of 6.04x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ADANI ENTERPRISES 's p/b ratio peaked in Mar2022 at 10.26x.

- ADANI ENTERPRISES 's p/b ratio hit its five-year low in Mar2020 of 0.89x.


How does ADANI ENTERPRISES 's P/B Ratio benchmark against top 10 peers in Trading Industry?

Peer Comparison (Trading Industry)Book ValuePB RatioMarket Cap
ADANI ENTERPRISES 33,051.0010.62351,108.6
REDINGTON LTD6,923.172.5117,402.3
HONASA CONSUMER LTD555.4125.0513,911.7
MMTC LTD1,410.638.1211,448.0
MSTC LTD786.508.156,407.1
LLOYDS ENTERPRISES LTD1,010.974.654,703.1
VERITAS (INDIA) LTD2,303.701.784,097.0
NOVARTIS INDIA LTD775.703.362,605.1
OPTIEMUS INFRACOM LTD382.466.272,396.3
MISHTANN FOODS LTD150.2113.271,992.8
SIRCA PAINTS INDIA LTD265.506.581,747.6

Trading Industry Benchmark (Top 10) PB Analysis vs ADANI ENTERPRISES 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 1.78x
Max industry PB 25.05x
Median industry PB 6.58x
Average industry PB 8.21x



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