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ALGOQUANT FINTECH
PB (Price/Book ) Ratio

The Current P/B Ratio of ALGOQUANT FINTECH is 28.61.

Share Price ₹1,226.2Apr 25,2024
Market Cap ₹980.9 Cr
Book Value₹34.3 CrMar2023 - Standalone Results
Price/Book 28.61xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of ALGOQUANT FINTECH

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 ALGOQUANT FINTECH is calculated as :

Current Market Cap [ ₹980.9 Cr] as on Apr 25,2024

(/) Book Value [ ₹34.3 Cr] based on Mar2023 - Standalone Results

(=) P/B Ratio [ 28.61x ]

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

Thus, for ALGOQUANT FINTECH , the investors are currently willing to pay '28.61 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 ALGOQUANT FINTECH !

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

Historical PB (Price/Book ) ratio chart of ALGOQUANT FINTECH


PB Ratio Performance Analysis for ALGOQUANT FINTECH

- ALGOQUANT FINTECH 's latest p/b ratio is 28.61x.

- ALGOQUANT FINTECH 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 4.81x.

- ALGOQUANT FINTECH 's operated at median p/b ratio of 1.16x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ALGOQUANT FINTECH 's p/b ratio peaked in Mar2023 at 12.15x.

- ALGOQUANT FINTECH 's p/b ratio hit its five-year low in Mar2019 of 0.27x.


How does ALGOQUANT FINTECH 's P/B Ratio benchmark against top 10 peers in Engineering - Industrial Equipments Industry?

Peer Comparison (Engineering - Industrial Equipments Industry)Book ValuePB RatioMarket Cap
ALGOQUANT FINTECH 34.2928.61980.9
BHARAT ELECTRONICS LTD13,861.6012.53173,753.0
BHARAT HEAVY ELECTRICALS LTD26,828.003.5394,572.8
THERMAX LTD3,865.5513.2751,308.1
TRIVENI TURBINE LTD760.3522.2016,882.4
KIRLOSKAR OIL ENGINES LTD2,290.036.0413,827.7
ELECON ENGINEERING COMPANY LTD1,604.037.9912,811.0
PRAJ INDUSTRIES LTD1,075.348.859,518.8
SHRIRAM PISTONS & RINGS LTD1,527.465.939,052.0
KIRLOSKAR BROTHERS LTD1,403.887.5210,563.4
TEGA INDUSTRIES LTD1,048.959.6510,121.0

Engineering - Industrial Equipments Industry Benchmark (Top 10) PB Analysis vs ALGOQUANT FINTECH 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 3.53x
Max industry PB 28.61x
Median industry PB 8.85x
Average industry PB 11.47x



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