ADOR FONTECH
|
The Current P/B Ratio of ADOR FONTECH is 4.11.
| Share Price | ₹148.7 | May 07,2024 |
| Market Cap | ₹520.3 Cr | |
| Book Value | ₹126.6 Cr | Mar2023 - Consolidated Results |
| Price/Book | 4.11x | Calculated as MarketCap/Book Value |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PB (Price/Book ) ratio of ADOR FONTECH
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 [ ₹520.3 Cr] as on May 07,2024
(/) Book Value [ ₹126.6 Cr] based on Mar2023 - Consolidated Results
(=) P/B Ratio [ 4.11x ]
P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.
Thus, for ADOR FONTECH , the investors are currently willing to pay '4.11 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 ADOR FONTECH !
The chart below summarizes the trend in P/B Ratio of ADOR FONTECH over the last five years.
Thus, for ADOR FONTECH , the investors are currently willing to pay '4.11 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 ADOR FONTECH !
The chart below summarizes the trend in P/B Ratio of ADOR FONTECH over the last five years.
Historical PB (Price/Book ) ratio chart of ADOR FONTECH
PB Ratio Performance Analysis for ADOR FONTECH
- ADOR FONTECH 's latest p/b ratio is 4.11x.
- ADOR FONTECH 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.66x.
- ADOR FONTECH 's operated at median p/b ratio of 1.71x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ADOR FONTECH 's p/b ratio peaked in Mar2023 at 2.44x.
- ADOR FONTECH 's p/b ratio hit its five-year low in Mar2020 of 0.99x.
- ADOR FONTECH 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.66x.
- ADOR FONTECH 's operated at median p/b ratio of 1.71x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ADOR FONTECH 's p/b ratio peaked in Mar2023 at 2.44x.
- ADOR FONTECH 's p/b ratio hit its five-year low in Mar2020 of 0.99x.
How does ADOR FONTECH 's P/B Ratio benchmark against top 10 peers in Electrodes & Welding Equipment Industry?
| Peer Comparison (Electrodes & Welding Equipment Industry) | Book Value | PB Ratio | Market Cap |
|---|---|---|---|
| ADOR FONTECH | 126.57 | 4.11 | 520.3 |
| GRAPHITE INDIA LTD | 5,611.00 | 2.15 | 12,039.0 |
| ESAB INDIA LTD | 260.27 | 31.17 | 8,112.1 |
| HEG LTD | 4,280.94 | 2.14 | 9,164.7 |
| ADOR WELDING LTD | 362.38 | 5.00 | 1,811.0 |
| DE NORA INDIA LTD | 119.69 | 6.84 | 818.4 |
| GEE LTD | 193.00 | 1.55 | 300.0 |
| PANASONIC CARBON INDIA COMPANY LTD | 144.05 | 1.64 | 236.0 |
Electrodes & Welding Equipment Industry Benchmark (Top 10) PB Analysis vs ADOR FONTECH 's P/B Ratio
| Top 10 Industry Peers | PB Ratio |
|---|---|
| Min industry PB | 1.55x |
| Max industry PB | 31.17x |
| Median industry PB | 4.11x |
| Average industry PB | 6.82x |
You may also like the below Video Courses
