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BLUE STAR
PB (Price/Book ) Ratio

The Current P/B Ratio of BLUE STAR is 19.63.

Share Price ₹1,270.8Mar 28,2024
Market Cap ₹26,126.6 Cr
Book Value₹1,330.7 CrMar2023 - Consolidated Results
Price/Book 19.63xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of BLUE STAR

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 BLUE STAR is calculated as :

Current Market Cap [ ₹26,126.6 Cr] as on Mar 28,2024

(/) Book Value [ ₹1,330.7 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 19.63x ]

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

Thus, for BLUE STAR , the investors are currently willing to pay '19.63 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 BLUE STAR !

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

Historical PB (Price/Book ) ratio chart of BLUE STAR


PB Ratio Performance Analysis for BLUE STAR

- BLUE STAR 's latest p/b ratio is 19.63x.

- BLUE STAR 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 8.65x.

- BLUE STAR 's operated at median p/b ratio of 9.95x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, BLUE STAR 's p/b ratio peaked in Mar2021 at 10.2x.

- BLUE STAR 's p/b ratio hit its five-year low in Mar2020 of 5.67x.


How does BLUE STAR 's P/B Ratio benchmark against top 10 peers in Air Conditioners Industry?

Peer Comparison (Air Conditioners Industry)Book ValuePB RatioMarket Cap
BLUE STAR 1,330.6519.6326,126.6
VOLTAS LTD5,452.076.7036,514.8
AMBER ENTERPRISES INDIA LTD1,866.046.6012,314.5
JOHNSON CONTROLS HITACHI AIR CONDITIONING INDIA LTD659.173.932,588.3

Air Conditioners Industry Benchmark (Top 10) PB Analysis vs BLUE STAR 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 3.93x
Max industry PB 19.63x
Median industry PB 6.70x
Average industry PB 9.21x



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