ALGOQUANT FINTECH
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The Current P/B Ratio of ALGOQUANT FINTECH is 28.61.
Share Price | ₹1,226.2 | Apr 25,2024 |
Market Cap | ₹980.9 Cr | |
Book Value | ₹34.3 Cr | Mar2023 - Standalone Results |
Price/Book | 28.61x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of ALGOQUANT FINTECH
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
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 ]
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 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 Value | PB Ratio | Market Cap |
---|---|---|---|
ALGOQUANT FINTECH | 34.29 | 28.61 | 980.9 |
BHARAT ELECTRONICS LTD | 13,861.60 | 12.53 | 173,753.0 |
BHARAT HEAVY ELECTRICALS LTD | 26,828.00 | 3.53 | 94,572.8 |
THERMAX LTD | 3,865.55 | 13.27 | 51,308.1 |
TRIVENI TURBINE LTD | 760.35 | 22.20 | 16,882.4 |
KIRLOSKAR OIL ENGINES LTD | 2,290.03 | 6.04 | 13,827.7 |
ELECON ENGINEERING COMPANY LTD | 1,604.03 | 7.99 | 12,811.0 |
PRAJ INDUSTRIES LTD | 1,075.34 | 8.85 | 9,518.8 |
SHRIRAM PISTONS & RINGS LTD | 1,527.46 | 5.93 | 9,052.0 |
KIRLOSKAR BROTHERS LTD | 1,403.88 | 7.52 | 10,563.4 |
TEGA INDUSTRIES LTD | 1,048.95 | 9.65 | 10,121.0 |
Engineering - Industrial Equipments Industry Benchmark (Top 10) PB Analysis vs ALGOQUANT FINTECH 's P/B Ratio
Top 10 Industry Peers | PB 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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