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ALANKIT
PB (Price/Book ) Ratio

The Current P/B Ratio of ALANKIT is 3.02.

Share Price ₹18.0Apr 25,2024
Market Cap ₹486.8 Cr
Book Value₹161.0 CrMar2023 - Consolidated Results
Price/Book 3.02xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of ALANKIT

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 ALANKIT is calculated as :

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 ]

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

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 latest p/b ratio is 3.02x.

- 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 ValuePB RatioMarket Cap
ALANKIT 161.013.02486.8
MOTILAL OSWAL FINANCIAL SERVICES LTD6,157.755.9636,705.7
ICICI SECURITIES LTD2,803.898.5423,951.0
ANGEL ONE LTD2,103.7512.1225,490.8
MULTI COMMODITY EXCHANGE OF INDIA LTD1,378.4715.4021,221.7
SHARE INDIA SECURITIES LTD800.008.286,620.4
CHOICE INTERNATIONAL LTD470.2613.676,428.0
DHANI SERVICES LTD3,798.730.833,161.1
MONARCH NETWORTH CAPITAL LTD222.859.072,022.0
GEOJIT FINANCIAL SERVICES LTD722.293.092,229.8
5PAISA CAPITAL LTD539.893.101,674.0

Finance - Stock Broking Industry Benchmark (Top 10) PB Analysis vs ALANKIT 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 0.83x
Max industry PB 15.40x
Median industry PB 8.28x
Average industry PB 7.55x



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