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ANJANI PORTLAND CEMENT
PB (Price/Book ) Ratio

The Current P/B Ratio of ANJANI PORTLAND CEMENT is 1.60.

Share Price ₹182.2Apr 15,2024
Market Cap ₹535.5 Cr
Book Value₹333.7 CrMar2023 - Consolidated Results
Price/Book 1.60xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of ANJANI PORTLAND CEMENT

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 ANJANI PORTLAND CEMENT is calculated as :

Current Market Cap [ ₹535.5 Cr] as on Apr 15,2024

(/) Book Value [ ₹333.7 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 1.60x ]

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

Thus, for ANJANI PORTLAND CEMENT , the investors are currently willing to pay '1.60 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 ANJANI PORTLAND CEMENT !

The chart below summarizes the trend in P/B Ratio of ANJANI PORTLAND CEMENT over the last five years.

Historical PB (Price/Book ) ratio chart of ANJANI PORTLAND CEMENT


PB Ratio Performance Analysis for ANJANI PORTLAND CEMENT

- ANJANI PORTLAND CEMENT 's latest p/b ratio is 1.60x.

- ANJANI PORTLAND CEMENT 's p/b ratio for fiscal years ending Mar2023 to Mar2011 averaged 1.02x.

- ANJANI PORTLAND CEMENT 's operated at median p/b ratio of 0.78x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ANJANI PORTLAND CEMENT 's p/b ratio peaked in Mar2022 at 1.85x.

- ANJANI PORTLAND CEMENT 's p/b ratio hit its five-year low in Mar2013 of 0.45x.


How does ANJANI PORTLAND CEMENT 's P/B Ratio benchmark against top 10 peers in Cement & Construction Materials Industry?

Peer Comparison (Cement & Construction Materials Industry)Book ValuePB RatioMarket Cap
ANJANI PORTLAND CEMENT 333.721.60535.5
ULTRATECH CEMENT LTD54,244.405.06274,326.0
AMBUJA CEMENTS LTD26,698.204.99133,355.0
SHREE CEMENT LTD18,636.404.8991,220.1
ACC LTD14,138.503.2445,856.7
DALMIA BHARAT LTD15,616.002.3236,275.5
JK CEMENT LTD4,686.756.9832,691.0
THE RAMCO CEMENTS LTD6,861.062.7919,126.7
NUVOCO VISTAS CORPORATION LTD8,839.001.2410,939.7
JK LAKSHMI CEMENT LTD2,803.863.399,510.1
STAR CEMENT LTD2,416.383.739,015.2

Cement & Construction Materials Industry Benchmark (Top 10) PB Analysis vs ANJANI PORTLAND CEMENT 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 1.24x
Max industry PB 6.98x
Median industry PB 3.39x
Average industry PB 3.66x



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