AVANTEL
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The Current P/B Ratio of AVANTEL is 25.81.
Share Price | ₹114.0 | May 03,2024 |
Market Cap | ₹2,773.6 Cr | |
Book Value | ₹107.5 Cr | Mar2023 - Consolidated Results |
Price/Book | 25.81x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of AVANTEL
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹2,773.6 Cr] as on May 03,2024
(/) Book Value [ ₹107.5 Cr] based on Mar2023 - Consolidated Results
(=) P/B Ratio [ 25.81x ]
Thus, for AVANTEL , the investors are currently willing to pay '25.81 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 AVANTEL !
The chart below summarizes the trend in P/B Ratio of AVANTEL over the last five years.
Historical PB (Price/Book ) ratio chart of AVANTEL
PB Ratio Performance Analysis for AVANTEL
- AVANTEL 's p/b ratio for fiscal years ending Mar2023 to Mar2006 averaged 3.75x.
- AVANTEL 's operated at median p/b ratio of 3.57x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, AVANTEL 's p/b ratio peaked in Mar2023 at 6.09x.
- AVANTEL 's p/b ratio hit its five-year low in Mar2007 of 1.73x.
How does AVANTEL 's P/B Ratio benchmark against top 10 peers in Telecommunication - Equipment Industry?
Peer Comparison (Telecommunication - Equipment Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
AVANTEL | 107.48 | 25.81 | 2,773.6 |
ITI LTD | 2,267.33 | 12.69 | 28,773.8 |
BLACK BOX LTD | 294.83 | 13.07 | 3,852.0 |
ADC INDIA COMMUNICATIONS LTD | 51.98 | 10.59 | 550.5 |
VALIANT COMMUNICATIONS LTD | 32.94 | 12.11 | 398.9 |
FROG CELLSAT LTD | 116.55 | 2.45 | 285.2 |
QUADRANT TELEVENTURES LTD | -2,385.10 | -0.04 | 101.0 |
Telecommunication - Equipment Industry Benchmark (Top 10) PB Analysis vs AVANTEL 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | -0.04x |
Max industry PB | 25.81x |
Median industry PB | 12.11x |
Average industry PB | 10.95x |
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