ALANKIT
|
The Current P/B Ratio of ALANKIT is 3.02.
Share Price | ₹18.0 | Apr 25,2024 |
Market Cap | ₹486.8 Cr | |
Book Value | ₹161.0 Cr | Mar2023 - Consolidated Results |
Price/Book | 3.02x | Calculated as MarketCap/Book Value |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of ALANKIT
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹486.8 Cr] as on Apr 25,2024
(/) Book Value [ ₹161.0 Cr] based on Mar2023 - Consolidated Results
(=) P/B Ratio [ 3.02x ]
Thus, for ALANKIT , the investors are currently willing to pay '3.02 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 ALANKIT !
The chart below summarizes the trend in P/B Ratio of ALANKIT over the last five years.
Historical PB (Price/Book ) ratio chart of ALANKIT
PB Ratio Performance Analysis for ALANKIT
- ALANKIT 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 2.56x.
- ALANKIT 's operated at median p/b ratio of 1.73x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ALANKIT 's p/b ratio peaked in Mar2019 at 6.25x.
- ALANKIT 's p/b ratio hit its five-year low in Mar2023 of 1.02x.
How does ALANKIT 's P/B Ratio benchmark against top 10 peers in Finance - Stock Broking Industry?
Peer Comparison (Finance - Stock Broking Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
ALANKIT | 161.01 | 3.02 | 486.8 |
MOTILAL OSWAL FINANCIAL SERVICES LTD | 6,157.75 | 5.96 | 36,705.7 |
ICICI SECURITIES LTD | 2,803.89 | 8.54 | 23,951.0 |
ANGEL ONE LTD | 2,103.75 | 12.12 | 25,490.8 |
MULTI COMMODITY EXCHANGE OF INDIA LTD | 1,378.47 | 15.40 | 21,221.7 |
SHARE INDIA SECURITIES LTD | 800.00 | 8.28 | 6,620.4 |
CHOICE INTERNATIONAL LTD | 470.26 | 13.67 | 6,428.0 |
DHANI SERVICES LTD | 3,798.73 | 0.83 | 3,161.1 |
MONARCH NETWORTH CAPITAL LTD | 222.85 | 9.07 | 2,022.0 |
GEOJIT FINANCIAL SERVICES LTD | 722.29 | 3.09 | 2,229.8 |
5PAISA CAPITAL LTD | 539.89 | 3.10 | 1,674.0 |
Finance - Stock Broking Industry Benchmark (Top 10) PB Analysis vs ALANKIT 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 0.83x |
Max industry PB | 15.40x |
Median industry PB | 8.28x |
Average industry PB | 7.55x |
You may also like the below Video Courses