APOLLO PIPES
|
The Current P/B Ratio of APOLLO PIPES is 6.00.
| Share Price | ₹659.8 | Apr 16,2024 |
| Market Cap | ₹2,731.4 Cr | |
| Book Value | ₹455.3 Cr | Mar2023 - Standalone Results |
| Price/Book | 6.00x | Calculated as MarketCap/Book Value |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PB (Price/Book ) ratio of APOLLO PIPES
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 [ ₹2,731.4 Cr] as on Apr 16,2024
(/) Book Value [ ₹455.3 Cr] based on Mar2023 - Standalone Results
(=) P/B Ratio [ 6.00x ]
P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.
Thus, for APOLLO PIPES , the investors are currently willing to pay '6.00 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 APOLLO PIPES !
The chart below summarizes the trend in P/B Ratio of APOLLO PIPES over the last five years.
Thus, for APOLLO PIPES , the investors are currently willing to pay '6.00 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 APOLLO PIPES !
The chart below summarizes the trend in P/B Ratio of APOLLO PIPES over the last five years.
Historical PB (Price/Book ) ratio chart of APOLLO PIPES
PB Ratio Performance Analysis for APOLLO PIPES
- APOLLO PIPES 's latest p/b ratio is 6.00x.
- APOLLO PIPES 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 3.34x.
- APOLLO PIPES 's operated at median p/b ratio of 3.69x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, APOLLO PIPES 's p/b ratio peaked in Mar2023 at 4.74x.
- APOLLO PIPES 's p/b ratio hit its five-year low in Mar2020 of 1.11x.
- APOLLO PIPES 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 3.34x.
- APOLLO PIPES 's operated at median p/b ratio of 3.69x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, APOLLO PIPES 's p/b ratio peaked in Mar2023 at 4.74x.
- APOLLO PIPES 's p/b ratio hit its five-year low in Mar2020 of 1.11x.
How does APOLLO PIPES 's P/B Ratio benchmark against top 10 peers in Plastic Products Industry?
| Peer Comparison (Plastic Products Industry) | Book Value | PB Ratio | Market Cap |
|---|---|---|---|
| APOLLO PIPES | 455.32 | 6.00 | 2,731.4 |
| ASTRAL LTD | 2,709.20 | 19.70 | 53,360.1 |
| SUPREME INDUSTRIES LTD | 4,402.12 | 11.80 | 51,954.6 |
| FINOLEX INDUSTRIES LTD | 4,903.07 | 3.16 | 15,515.0 |
| RESPONSIVE INDUSTRIES LTD | 1,003.38 | 7.61 | 7,633.0 |
| PRINCE PIPES AND FITTINGS LTD | 1,363.96 | 4.90 | 6,686.7 |
| EPL LTD | 1,956.60 | 2.93 | 5,727.6 |
| JAI CORP LTD | 1,431.82 | 3.64 | 5,208.1 |
| TIME TECHNOPLAST LTD | 2,265.81 | 2.61 | 5,907.0 |
| GARWARE HITECH FILMS LTD | 1,855.82 | 2.17 | 4,029.1 |
| JAIN IRRIGATION SYSTEMS LTD | 5,135.80 | 0.74 | 3,806.6 |
Plastic Products Industry Benchmark (Top 10) PB Analysis vs APOLLO PIPES 's P/B Ratio
| Top 10 Industry Peers | PB Ratio |
|---|---|
| Min industry PB | 0.74x |
| Max industry PB | 19.70x |
| Median industry PB | 3.64x |
| Average industry PB | 5.93x |
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