ARIHANT CAPITAL MARKETS
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The Current P/B Ratio of ARIHANT CAPITAL MARKETS is 2.39.
Share Price | ₹59.0 | Apr 18,2024 |
Market Cap | ₹614.2 Cr | |
Book Value | ₹256.6 Cr | Mar2023 - Consolidated Results |
Price/Book | 2.39x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of ARIHANT CAPITAL MARKETS
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹614.2 Cr] as on Apr 18,2024
(/) Book Value [ ₹256.6 Cr] based on Mar2023 - Consolidated Results
(=) P/B Ratio [ 2.39x ]
Thus, for ARIHANT CAPITAL MARKETS , the investors are currently willing to pay '2.39 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 ARIHANT CAPITAL MARKETS !
The chart below summarizes the trend in P/B Ratio of ARIHANT CAPITAL MARKETS over the last five years.
Historical PB (Price/Book ) ratio chart of ARIHANT CAPITAL MARKETS
PB Ratio Performance Analysis for ARIHANT CAPITAL MARKETS
- ARIHANT CAPITAL MARKETS 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.46x.
- ARIHANT CAPITAL MARKETS 's operated at median p/b ratio of 0.93x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ARIHANT CAPITAL MARKETS 's p/b ratio peaked in Mar2022 at 3.61x.
- ARIHANT CAPITAL MARKETS 's p/b ratio hit its five-year low in Mar2020 of 0.4x.
How does ARIHANT CAPITAL MARKETS 's P/B Ratio benchmark against top 10 peers in Finance - Stock Broking Industry?
Peer Comparison (Finance - Stock Broking Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
ARIHANT CAPITAL MARKETS | 256.57 | 2.39 | 614.2 |
MOTILAL OSWAL FINANCIAL SERVICES LTD | 6,157.75 | 5.04 | 31,023.3 |
ICICI SECURITIES LTD | 2,803.89 | 8.11 | 22,740.1 |
ANGEL ONE LTD | 2,103.75 | 11.93 | 25,100.6 |
MULTI COMMODITY EXCHANGE OF INDIA LTD | 2,069.06 | 9.59 | 19,852.1 |
SHARE INDIA SECURITIES LTD | 800.00 | 7.89 | 6,312.5 |
CHOICE INTERNATIONAL LTD | 470.26 | 13.17 | 6,191.7 |
DHANI SERVICES LTD | 3,798.73 | 0.83 | 3,152.0 |
MONARCH NETWORTH CAPITAL LTD | 222.85 | 9.03 | 2,012.0 |
GEOJIT FINANCIAL SERVICES LTD | 722.29 | 2.61 | 1,887.8 |
5PAISA CAPITAL LTD | 456.09 | 3.82 | 1,743.0 |
Finance - Stock Broking Industry Benchmark (Top 10) PB Analysis vs ARIHANT CAPITAL MARKETS 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 0.83x |
Max industry PB | 13.17x |
Median industry PB | 7.89x |
Average industry PB | 6.77x |
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