Home > PB Ratio > APCOTEX INDUSTRIES

APCOTEX INDUSTRIES
PB (Price/Book ) Ratio

The Current P/B Ratio of APCOTEX INDUSTRIES is 4.86.

Share Price ₹446.9Apr 26,2024
Market Cap ₹2,314.9 Cr
Book Value₹476.0 CrMar2023 - Standalone Results
Price/Book 4.86xCalculated as MarketCap/Book Value
Explore Stock Analytics
COMMUNITY POLL
for APCOTEX INDUSTRIES
Please provide your vote to see the results
APCOTEX INDUSTRIES is part of below Screeners ↓
Top Small Cap Stocks with Best Fundamentals

Definition & Calculation of PB (Price/Book ) ratio of APCOTEX INDUSTRIES

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 APCOTEX INDUSTRIES is calculated as :

Current Market Cap [ ₹2,314.9 Cr] as on Apr 26,2024

(/) Book Value [ ₹476.0 Cr] based on Mar2023 - Standalone Results

(=) P/B Ratio [ 4.86x ]

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

Thus, for APCOTEX INDUSTRIES , the investors are currently willing to pay '4.86 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 APCOTEX INDUSTRIES !

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

Historical PB (Price/Book ) ratio chart of APCOTEX INDUSTRIES


PB Ratio Performance Analysis for APCOTEX INDUSTRIES

- APCOTEX INDUSTRIES 's latest p/b ratio is 4.86x.

- APCOTEX INDUSTRIES 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 3.71x.

- APCOTEX INDUSTRIES 's operated at median p/b ratio of 3.9x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, APCOTEX INDUSTRIES 's p/b ratio peaked in Mar2023 at 5.31x.

- APCOTEX INDUSTRIES 's p/b ratio hit its five-year low in Mar2020 of 1.63x.


How does APCOTEX INDUSTRIES 's P/B Ratio benchmark against top 10 peers in Rubber Products Industry?

Peer Comparison (Rubber Products Industry)Book ValuePB RatioMarket Cap
APCOTEX INDUSTRIES 476.014.862,314.9
PIX TRANSMISSIONS LTD417.994.531,894.8
GRP LTD147.425.96878.2
RUBFILA INTERNATIONAL LTD252.091.59402.0
INDAG RUBBER LTD211.811.84390.2
CAPTAIN PIPES LTD20.0515.41309.0
SOMI CONVEYOR BELTINGS LTD66.502.63174.9
DOLFIN RUBBERS LTD24.678.76216.2

Rubber Products Industry Benchmark (Top 10) PB Analysis vs APCOTEX INDUSTRIES 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 1.59x
Max industry PB 15.41x
Median industry PB 4.86x
Average industry PB 5.70x



You may also like the below Video Courses