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ARROW GREENTECH
PB (Price/Book ) Ratio

The Current P/B Ratio of ARROW GREENTECH is 5.88.

Share Price ₹382.7Mar 28,2024
Market Cap ₹577.9 Cr
Book Value₹98.2 CrMar2023 - Consolidated Results
Price/Book 5.88xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of ARROW GREENTECH

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 ARROW GREENTECH is calculated as :

Current Market Cap [ ₹577.9 Cr] as on Mar 28,2024

(/) Book Value [ ₹98.2 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 5.88x ]

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

Thus, for ARROW GREENTECH , the investors are currently willing to pay '5.88 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 ARROW GREENTECH !

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

Historical PB (Price/Book ) ratio chart of ARROW GREENTECH


PB Ratio Performance Analysis for ARROW GREENTECH

- ARROW GREENTECH 's latest p/b ratio is 5.88x.

- ARROW GREENTECH 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.76x.

- ARROW GREENTECH 's operated at median p/b ratio of 1.2x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ARROW GREENTECH 's p/b ratio peaked in Mar2023 at 3.93x.

- ARROW GREENTECH 's p/b ratio hit its five-year low in Mar2020 of 0.62x.


How does ARROW GREENTECH 's P/B Ratio benchmark against top 10 peers in Packaging Industry?

Peer Comparison (Packaging Industry)Book ValuePB RatioMarket Cap
ARROW GREENTECH 98.205.88577.9
AGI GREENPAC LTD1,606.582.924,697.7
UFLEX LTD7,496.150.392,924.2
TCPL PACKAGING LTD441.664.592,027.4
PYRAMID TECHNOPLAST LTD107.254.96532.5
KAIRA CAN COMPANY LTD84.002.11177.5

Packaging Industry Benchmark (Top 10) PB Analysis vs ARROW GREENTECH 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 0.39x
Max industry PB 5.88x
Median industry PB 4.59x
Average industry PB 3.48x



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