AJANTA SOYA
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The Current P/B Ratio of AJANTA SOYA is 1.89.
| Share Price | ₹29.6 | Apr 24,2024 |
| Market Cap | ₹238.3 Cr | |
| Book Value | ₹125.8 Cr | Mar2023 - Standalone Results |
| Price/Book | 1.89x | Calculated as MarketCap/Book Value |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PB (Price/Book ) ratio of AJANTA SOYA
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 [ ₹238.3 Cr] as on Apr 24,2024
(/) Book Value [ ₹125.8 Cr] based on Mar2023 - Standalone Results
(=) P/B Ratio [ 1.89x ]
P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.
Thus, for AJANTA SOYA , the investors are currently willing to pay '1.89 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 AJANTA SOYA !
The chart below summarizes the trend in P/B Ratio of AJANTA SOYA over the last five years.
Thus, for AJANTA SOYA , the investors are currently willing to pay '1.89 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 AJANTA SOYA !
The chart below summarizes the trend in P/B Ratio of AJANTA SOYA over the last five years.
Historical PB (Price/Book ) ratio chart of AJANTA SOYA
PB Ratio Performance Analysis for AJANTA SOYA
- AJANTA SOYA 's latest p/b ratio is 1.89x.
- AJANTA SOYA 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.39x.
- AJANTA SOYA 's operated at median p/b ratio of 1.44x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, AJANTA SOYA 's p/b ratio peaked in Mar2022 at 2.53x.
- AJANTA SOYA 's p/b ratio hit its five-year low in Mar2020 of 0.68x.
- AJANTA SOYA 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.39x.
- AJANTA SOYA 's operated at median p/b ratio of 1.44x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, AJANTA SOYA 's p/b ratio peaked in Mar2022 at 2.53x.
- AJANTA SOYA 's p/b ratio hit its five-year low in Mar2020 of 0.68x.
How does AJANTA SOYA 's P/B Ratio benchmark against top 10 peers in Edible Oil Industry?
| Peer Comparison (Edible Oil Industry) | Book Value | PB Ratio | Market Cap |
|---|---|---|---|
| AJANTA SOYA | 125.80 | 1.89 | 238.3 |
| PATANJALI FOODS LTD | 9,846.57 | 5.55 | 54,675.7 |
| ADANI WILMAR LTD | 8,165.75 | 5.47 | 44,657.0 |
| AGRO TECH FOODS LTD | 500.25 | 3.57 | 1,786.3 |
| GOKUL AGRO RESOURCES LTD | 650.61 | 2.70 | 1,757.2 |
| BCL INDUSTRIES LTD | 431.30 | 3.77 | 1,627.6 |
| KRITI NUTRIENTS LTD | 132.38 | 4.17 | 551.7 |
| GOKUL REFOILS AND SOLVENT LTD | 328.18 | 1.28 | 419.1 |
| MODI NATURALS LTD | 78.38 | 3.71 | 290.7 |
| VIJAY SOLVEX LTD | 319.52 | 0.89 | 283.9 |
| SHRI GANG INDUSTRIES & ALLIED PRODUCTS LTD | -44.76 | -3.69 | 165.3 |
Edible Oil Industry Benchmark (Top 10) PB Analysis vs AJANTA SOYA 's P/B Ratio
| Top 10 Industry Peers | PB Ratio |
|---|---|
| Min industry PB | -3.69x |
| Max industry PB | 5.55x |
| Median industry PB | 3.57x |
| Average industry PB | 2.66x |
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