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BOROSIL RENEWABLES
PB (Price/Book ) Ratio

The Current P/B Ratio of BOROSIL RENEWABLES is 7.43.

Share Price ₹522.7Apr 25,2024
Market Cap ₹6,821.2 Cr
Book Value₹918.0 CrMar2023 - Consolidated Results
Price/Book 7.43xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of BOROSIL RENEWABLES

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 BOROSIL RENEWABLES is calculated as :

Current Market Cap [ ₹6,821.2 Cr] as on Apr 25,2024

(/) Book Value [ ₹918.0 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 7.43x ]

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

Thus, for BOROSIL RENEWABLES , the investors are currently willing to pay '7.43 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 BOROSIL RENEWABLES !

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

Historical PB (Price/Book ) ratio chart of BOROSIL RENEWABLES


PB Ratio Performance Analysis for BOROSIL RENEWABLES

- BOROSIL RENEWABLES 's latest p/b ratio is 7.43x.

- BOROSIL RENEWABLES 's p/b ratio for fiscal years ending Mar2023 to Mar2016 averaged 2.68x.

- BOROSIL RENEWABLES 's operated at median p/b ratio of 2.31x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, BOROSIL RENEWABLES 's p/b ratio peaked in Mar2023 at 5.86x.

- BOROSIL RENEWABLES 's p/b ratio hit its five-year low in Mar2016 of 1.01x.


How does BOROSIL RENEWABLES 's P/B Ratio benchmark against top 10 peers in Glass Industry?

Peer Comparison (Glass Industry)Book ValuePB RatioMarket Cap
BOROSIL RENEWABLES 918.057.436,821.2
ASAHI INDIA GLASS LTD2,074.537.0114,540.4
LA OPALA RG LTD774.954.713,648.0
HALDYN GLASS LTD176.914.84857.1
EMPIRE INDUSTRIES LTD283.412.34663.2
SEJAL GLASS LTD14.6723.74348.4
HINDUSTHAN NATIONAL GLASS & INDUSTRIES LTD-997.63-0.19187.4

Glass Industry Benchmark (Top 10) PB Analysis vs BOROSIL RENEWABLES 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB -0.19x
Max industry PB 23.74x
Median industry PB 4.84x
Average industry PB 7.13x



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