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ART NIRMAN
PB (Price/Book ) Ratio

The Current P/B Ratio of ART NIRMAN is 3.65.

Share Price ₹49.8Mar 28,2024
Market Cap ₹124.5 Cr
Book Value₹34.1 CrMar2023 - Standalone Results
Price/Book 3.65xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of ART NIRMAN

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 ART NIRMAN is calculated as :

Current Market Cap [ ₹124.5 Cr] as on Mar 28,2024

(/) Book Value [ ₹34.1 Cr] based on Mar2023 - Standalone Results

(=) P/B Ratio [ 3.65x ]

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

Thus, for ART NIRMAN , the investors are currently willing to pay '3.65 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 ART NIRMAN !

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

Historical PB (Price/Book ) ratio chart of ART NIRMAN


PB Ratio Performance Analysis for ART NIRMAN

- ART NIRMAN 's latest p/b ratio is 3.65x.

- ART NIRMAN 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 2.72x.

- ART NIRMAN 's operated at median p/b ratio of 1.77x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ART NIRMAN 's p/b ratio peaked in Mar2022 at 7.12x.

- ART NIRMAN 's p/b ratio hit its five-year low in Mar2020 of 0x.


How does ART NIRMAN 's P/B Ratio benchmark against top 10 peers in Construction - Real Estate Industry?

Peer Comparison (Construction - Real Estate Industry)Book ValuePB RatioMarket Cap
ART NIRMAN 34.123.65124.5
DLF LTD37,687.505.90222,357.0
MACROTECH DEVELOPERS LTD12,557.308.98112,746.0
GODREJ PROPERTIES LTD9,256.956.9163,923.1
OBEROI REALTY LTD12,210.104.3953,582.2
THE PHOENIX MILLS LTD8,355.485.9349,513.4
PRESTIGE ESTATES PROJECTS LTD9,975.304.7046,898.8
BRIGADE ENTERPRISES LTD3,237.706.6821,622.7
NBCC (INDIA) LTD1,944.5011.0221,429.0
SIGNATUREGLOBAL (INDIA) LTD47.54401.7519,098.9
SOBHA LTD2,494.675.4913,698.1

Construction - Real Estate Industry Benchmark (Top 10) PB Analysis vs ART NIRMAN 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 3.65x
Max industry PB 401.75x
Median industry PB 5.93x
Average industry PB 42.31x



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