ANDHRA PAPER
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The Current P/B Ratio of ANDHRA PAPER is 1.23.
Share Price | ₹489.6 | Apr 19,2024 |
Market Cap | ₹1,948.6 Cr | |
Book Value | ₹1,582.2 Cr | Mar2023 - Standalone Results |
Price/Book | 1.23x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of ANDHRA PAPER
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹1,948.6 Cr] as on Apr 19,2024
(/) Book Value [ ₹1,582.2 Cr] based on Mar2023 - Standalone Results
(=) P/B Ratio [ 1.23x ]
Thus, for ANDHRA PAPER , the investors are currently willing to pay '1.23 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 ANDHRA PAPER !
The chart below summarizes the trend in P/B Ratio of ANDHRA PAPER over the last five years.
Historical PB (Price/Book ) ratio chart of ANDHRA PAPER
PB Ratio Performance Analysis for ANDHRA PAPER
- ANDHRA PAPER 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.19x.
- ANDHRA PAPER 's operated at median p/b ratio of 1.04x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ANDHRA PAPER 's p/b ratio peaked in Mar2019 at 2.33x.
- ANDHRA PAPER 's p/b ratio hit its five-year low in Mar2020 of 0.59x.
How does ANDHRA PAPER 's P/B Ratio benchmark against top 10 peers in Paper & Paper Products Industry?
Peer Comparison (Paper & Paper Products Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
ANDHRA PAPER | 1,582.17 | 1.23 | 1,948.6 |
JK PAPER LTD | 4,034.00 | 1.47 | 5,938.4 |
WEST COAST PAPER MILLS LTD | 2,577.98 | 1.55 | 3,992.3 |
SESHASAYEE PAPER AND BOARDS LTD | 1,635.36 | 1.21 | 1,984.1 |
TAMIL NADU NEWSPRINT & PAPERS LTD | 1,944.11 | 0.90 | 1,759.0 |
KUANTUM PAPERS LTD | 966.81 | 1.36 | 1,318.1 |
PAKKA LTD | 203.37 | 5.57 | 1,132.4 |
SATIA INDUSTRIES LTD | 733.20 | 1.65 | 1,208.5 |
ORIENT PAPER & INDUSTRIES LTD | 1,515.48 | 0.61 | 929.2 |
NR AGARWAL INDUSTRIES LTD | 635.63 | 1.28 | 816.7 |
EMAMI PAPER MILLS LTD | 698.72 | 0.99 | 688.8 |
Paper & Paper Products Industry Benchmark (Top 10) PB Analysis vs ANDHRA PAPER 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 0.61x |
Max industry PB | 5.57x |
Median industry PB | 1.28x |
Average industry PB | 1.62x |
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