BANK OF MAHARASHTRA
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The Current P/B Ratio of BANK OF MAHARASHTRA is 2.89.
| Share Price | ₹64.5 | Apr 23,2024 |
| Market Cap | ₹45,639.6 Cr | |
| Book Value | ₹15,790.2 Cr | Mar2023 - Consolidated Results |
| Price/Book | 2.89x | Calculated as MarketCap/Book Value |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PB (Price/Book ) ratio of BANK OF MAHARASHTRA
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 [ ₹45,639.6 Cr] as on Apr 23,2024
(/) Book Value [ ₹15,790.2 Cr] based on Mar2023 - Consolidated Results
(=) P/B Ratio [ 2.89x ]
P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.
Thus, for BANK OF MAHARASHTRA, the investors are currently willing to pay '2.89 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 BANK OF MAHARASHTRA!
The chart below summarizes the trend in P/B Ratio of BANK OF MAHARASHTRA over the last five years.
Thus, for BANK OF MAHARASHTRA, the investors are currently willing to pay '2.89 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 BANK OF MAHARASHTRA!
The chart below summarizes the trend in P/B Ratio of BANK OF MAHARASHTRA over the last five years.
Historical PB (Price/Book ) ratio chart of BANK OF MAHARASHTRA
PB Ratio Performance Analysis for BANK OF MAHARASHTRA
- BANK OF MAHARASHTRA's latest p/b ratio is 2.89x.
- BANK OF MAHARASHTRA's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.93x.
- BANK OF MAHARASHTRA's operated at median p/b ratio of 0.9x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, BANK OF MAHARASHTRA's p/b ratio peaked in Mar2021 at 1.23x.
- BANK OF MAHARASHTRA's p/b ratio hit its five-year low in Mar2020 of 0.54x.
- BANK OF MAHARASHTRA's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.93x.
- BANK OF MAHARASHTRA's operated at median p/b ratio of 0.9x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, BANK OF MAHARASHTRA's p/b ratio peaked in Mar2021 at 1.23x.
- BANK OF MAHARASHTRA's p/b ratio hit its five-year low in Mar2020 of 0.54x.
How does BANK OF MAHARASHTRA's P/B Ratio benchmark against top 10 peers in Bank - Public Industry?
| Peer Comparison (Bank - Public Industry) | Book Value | PB Ratio | Market Cap |
|---|---|---|---|
| BANK OF MAHARASHTRA | 15,790.20 | 2.89 | 45,639.6 |
| STATE BANK OF INDIA | 358,931.00 | 1.92 | 689,739.0 |
| PUNJAB NATIONAL BANK | 102,880.00 | 1.42 | 146,226.0 |
| BANK OF BARODA | 105,055.00 | 1.28 | 134,559.0 |
| UNION BANK OF INDIA | 78,803.50 | 1.42 | 112,138.0 |
| INDIAN OVERSEAS BANK | 24,876.00 | 4.82 | 119,841.0 |
| CANARA BANK | 78,053.80 | 1.40 | 109,129.0 |
| INDIAN BANK | 49,506.80 | 1.41 | 69,570.7 |
| BANK OF INDIA | 60,432.90 | 1.09 | 65,740.5 |
| UCO BANK | 25,603.70 | 2.57 | 65,710.0 |
| CENTRAL BANK OF INDIA | 29,216.70 | 1.90 | 55,401.8 |
Bank - Public Industry Benchmark (Top 10) PB Analysis vs BANK OF MAHARASHTRA's P/B Ratio
| Top 10 Industry Peers | PB Ratio |
|---|---|
| Min industry PB | 1.09x |
| Max industry PB | 4.82x |
| Median industry PB | 1.42x |
| Average industry PB | 2.01x |
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