CARBORUNDUM UNIVERSAL
|
The Current P/B Ratio of CARBORUNDUM UNIVERSAL is 9.13.
| Share Price | ₹1,344.5 | Apr 24,2024 |
| Market Cap | ₹25,585.8 Cr | |
| Book Value | ₹2,801.9 Cr | Mar2023 - Consolidated Results |
| Price/Book | 9.13x | Calculated as MarketCap/Book Value |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PB (Price/Book ) ratio of CARBORUNDUM UNIVERSAL
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 [ ₹25,585.8 Cr] as on Apr 24,2024
(/) Book Value [ ₹2,801.9 Cr] based on Mar2023 - Consolidated Results
(=) P/B Ratio [ 9.13x ]
P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.
Thus, for CARBORUNDUM UNIVERSAL , the investors are currently willing to pay '9.13 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 CARBORUNDUM UNIVERSAL !
The chart below summarizes the trend in P/B Ratio of CARBORUNDUM UNIVERSAL over the last five years.
Thus, for CARBORUNDUM UNIVERSAL , the investors are currently willing to pay '9.13 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 CARBORUNDUM UNIVERSAL !
The chart below summarizes the trend in P/B Ratio of CARBORUNDUM UNIVERSAL over the last five years.
Historical PB (Price/Book ) ratio chart of CARBORUNDUM UNIVERSAL
PB Ratio Performance Analysis for CARBORUNDUM UNIVERSAL
- CARBORUNDUM UNIVERSAL 's latest p/b ratio is 9.13x.
- CARBORUNDUM UNIVERSAL 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 4.89x.
- CARBORUNDUM UNIVERSAL 's operated at median p/b ratio of 4.55x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, CARBORUNDUM UNIVERSAL 's p/b ratio peaked in Mar2023 at 6.72x.
- CARBORUNDUM UNIVERSAL 's p/b ratio hit its five-year low in Mar2020 of 2.25x.
- CARBORUNDUM UNIVERSAL 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 4.89x.
- CARBORUNDUM UNIVERSAL 's operated at median p/b ratio of 4.55x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, CARBORUNDUM UNIVERSAL 's p/b ratio peaked in Mar2023 at 6.72x.
- CARBORUNDUM UNIVERSAL 's p/b ratio hit its five-year low in Mar2020 of 2.25x.
How does CARBORUNDUM UNIVERSAL 's P/B Ratio benchmark against top 10 peers in Abrasives Industry?
| Peer Comparison (Abrasives Industry) | Book Value | PB Ratio | Market Cap |
|---|---|---|---|
| CARBORUNDUM UNIVERSAL | 2,801.90 | 9.13 | 25,585.8 |
| GRINDWELL NORTON LTD | 1,794.05 | 12.98 | 23,291.1 |
| WENDT (INDIA) LTD | 188.71 | 13.41 | 2,530.2 |
Abrasives Industry Benchmark (Top 10) PB Analysis vs CARBORUNDUM UNIVERSAL 's P/B Ratio
| Top 10 Industry Peers | PB Ratio |
|---|---|
| Min industry PB | 9.13x |
| Max industry PB | 13.41x |
| Median industry PB | 12.98x |
| Average industry PB | 11.84x |
You may also like the below Video Courses
