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BHAGYANAGAR INDIA
PB (Price/Book ) Ratio

The Current P/B Ratio of BHAGYANAGAR INDIA is 1.77.

Share Price ₹81.5Mar 28,2024
Market Cap ₹260.7 Cr
Book Value₹147.6 CrMar2023 - Consolidated Results
Price/Book 1.77xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of BHAGYANAGAR INDIA

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 BHAGYANAGAR INDIA is calculated as :

Current Market Cap [ ₹260.7 Cr] as on Mar 28,2024

(/) Book Value [ ₹147.6 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 1.77x ]

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

Thus, for BHAGYANAGAR INDIA , the investors are currently willing to pay '1.77 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 BHAGYANAGAR INDIA !

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

Historical PB (Price/Book ) ratio chart of BHAGYANAGAR INDIA


PB Ratio Performance Analysis for BHAGYANAGAR INDIA

- BHAGYANAGAR INDIA 's latest p/b ratio is 1.77x.

- BHAGYANAGAR INDIA 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.87x.

- BHAGYANAGAR INDIA 's operated at median p/b ratio of 1.02x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, BHAGYANAGAR INDIA 's p/b ratio peaked in Mar2021 at 1.09x.

- BHAGYANAGAR INDIA 's p/b ratio hit its five-year low in Mar2020 of 0.38x.


How does BHAGYANAGAR INDIA 's P/B Ratio benchmark against top 10 peers in Metal - Non Ferrous Industry?

Peer Comparison (Metal - Non Ferrous Industry)Book ValuePB RatioMarket Cap
BHAGYANAGAR INDIA 147.641.77260.7
HINDUSTAN ZINC LTD12,932.009.55123,485.0
HINDALCO INDUSTRIES LTD95,004.001.33125,945.0
VEDANTA LTD39,255.002.57100,978.0
HINDUSTAN COPPER LTD2,082.1712.9226,902.6
GRAVITA INDIA LTD588.9311.706,889.3
SHIVALIK BIMETAL CONTROLS LTD265.5011.262,989.1
BHARAT WIRE ROPES LTD560.153.351,875.9
RAM RATNA WIRES LTD311.653.611,125.5
NILE LTD199.621.92383.1
RAJNANDINI METAL LTD41.436.87284.8

Metal - Non Ferrous Industry Benchmark (Top 10) PB Analysis vs BHAGYANAGAR INDIA 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 1.33x
Max industry PB 12.92x
Median industry PB 3.61x
Average industry PB 6.08x



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