APEX FROZEN FOODS
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The Current P/B Ratio of APEX FROZEN FOODS is 1.39.
| Share Price | ₹216.9 | Apr 30,2024 |
| Market Cap | ₹678.7 Cr | |
| Book Value | ₹490.0 Cr | Mar2023 - Standalone Results |
| Price/Book | 1.39x | Calculated as MarketCap/Book Value |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PB (Price/Book ) ratio of APEX FROZEN FOODS
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
Current Market Cap [ ₹678.7 Cr] as on Apr 30,2024
(/) Book Value [ ₹490.0 Cr] based on Mar2023 - Standalone Results
(=) P/B Ratio [ 1.39x ]
P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.
Thus, for APEX FROZEN FOODS , the investors are currently willing to pay '1.39 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 APEX FROZEN FOODS !
The chart below summarizes the trend in P/B Ratio of APEX FROZEN FOODS over the last five years.
Thus, for APEX FROZEN FOODS , the investors are currently willing to pay '1.39 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 APEX FROZEN FOODS !
The chart below summarizes the trend in P/B Ratio of APEX FROZEN FOODS over the last five years.
Historical PB (Price/Book ) ratio chart of APEX FROZEN FOODS
PB Ratio Performance Analysis for APEX FROZEN FOODS
- APEX FROZEN FOODS 's latest p/b ratio is 1.39x.
- APEX FROZEN FOODS 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.76x.
- APEX FROZEN FOODS 's operated at median p/b ratio of 1.47x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, APEX FROZEN FOODS 's p/b ratio peaked in Mar2019 at 2.9x.
- APEX FROZEN FOODS 's p/b ratio hit its five-year low in Mar2023 of 1.23x.
- APEX FROZEN FOODS 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.76x.
- APEX FROZEN FOODS 's operated at median p/b ratio of 1.47x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, APEX FROZEN FOODS 's p/b ratio peaked in Mar2019 at 2.9x.
- APEX FROZEN FOODS 's p/b ratio hit its five-year low in Mar2023 of 1.23x.
How does APEX FROZEN FOODS 's P/B Ratio benchmark against top 10 peers in Aquaculture Industry?
| Peer Comparison (Aquaculture Industry) | Book Value | PB Ratio | Market Cap |
|---|---|---|---|
| APEX FROZEN FOODS | 489.96 | 1.39 | 678.7 |
| ZEAL AQUA LTD | 70.75 | 1.89 | 133.4 |
Aquaculture Industry Benchmark (Top 10) PB Analysis vs APEX FROZEN FOODS 's P/B Ratio
| Top 10 Industry Peers | PB Ratio |
|---|---|
| Min industry PB | 1.39x |
| Max industry PB | 1.89x |
| Median industry PB | 1.89x |
| Average industry PB | 1.64x |
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